FirmaIQ
Org.nr 995 697 076 2015 → 2016 Year-over-year analysis

3-1 OFFSHORE AS: årsregnskap 2016 vs 2015

Grew 400% on revenue, stronger earnings

approved 2017-02-27; registry 2017-05-23; journal 2017 340801

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 3-1 OFFSHORE AS. Revenue 391.4k NOK → 1.96m NOK (+400.0%). Net result +170.8k NOK → +320.8k NOK. Equity 1.63m NOK → 1.95m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
391.4k NOK 1.96m NOK
+400.0%
Net result
+170.8k NOK +320.8k NOK
+87.8%
Equity
1.63m NOK 1.95m NOK
+19.7%
Cash
187.6k NOK 576.6k NOK
+207.3%
Total assets
1.93m NOK 2.34m NOK
+21.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 391.4k NOK to 1.96m NOK (+400.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +170.8k NOK → +320.8k NOK (net margin 43.6% → 16.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.63m NOK → 1.95m NOK (equity ratio 84.2% → 83.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 187.6k NOK → 576.6k NOK (+207.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.94m NOK → 1.26m NOK (495% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.87× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated