FirmaIQ
Org.nr 980 292 738 2016 → 2017 Year-over-year analysis

1-2-TRE ELEMENTPRODUKSJON AS: årsregnskap 2017 vs 2016

Grew 19% on revenue, stronger earnings

approved 2018-02-27; registry 2018-06-06; journal 2018 418844

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 1-2-TRE ELEMENTPRODUKSJON AS. Revenue 78.42m NOK → 92.97m NOK (+18.6%). Net result +5.37m NOK → +6.63m NOK. Equity 15.03m NOK → 13.66m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 1-2-TRE ELEMENTPRODUKSJON AS.

At a glance

Scorecard

Revenue
78.42m NOK 92.97m NOK
+18.6%
Net result
+5.37m NOK +6.63m NOK
+23.6%
Equity
15.03m NOK 13.66m NOK
-9.1%
Cash
10.89m NOK 19.06m NOK
+75.1%
Total assets
38.13m NOK 45.82m NOK
+20.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 78.42m NOK to 92.97m NOK (+18.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +5.37m NOK → +6.63m NOK (net margin 6.8% → 7.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.89m NOK → 19.06m NOK (+75.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 15.03m NOK → 13.66m NOK (equity ratio 39.4% → 29.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 36.72m NOK → 50.13m NOK (+36.5% YoY). Calculated