Org.nr 912 702 561 2016 → 2017 Year-over-year analysis

3TEKK AS: årsregnskap 2017 vs 2016

Grew 15039% on revenue

approved 2018-05-10; registry 2018-05-30; journal 2018 371053

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3TEKK AS. Revenue 6 398 NOK → 968.6k NOK (+15039.3%). Net result -18.8k NOK → -16.8k NOK. Equity 12.8k NOK → -4 000 NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3TEKK AS.

Scorecard

Revenue
6 398 NOK 968.6k NOK
+15039.3%
Net result
-18.8k NOK -16.8k NOK
+10.7%
Equity
12.8k NOK -4 000 NOK
-131.2%
Cash
16 NOK 38.4k NOK
+240062.5%
Total assets
9 035 NOK 135.1k NOK
+1395.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 398 NOK to 968.6k NOK (+15039.3% YoY). Calculated

  • ↑

    Net result improved

    Net result -18.8k NOK → -16.8k NOK (net margin -294.5% → -1.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 16 NOK → 38.4k NOK (+240062.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.8k NOK → -4 000 NOK (equity ratio 141.9% → -3.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 2 069 NOK → 584.4k NOK (+28145.7% YoY). Calculated