FirmaIQ
Org.nr 976 842 197 2015 → 2016 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2016 vs 2015

Shrank 21% on revenue, stronger earnings

approved 2017-04-18; registry 2017-05-22; journal 2017 336033

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 3 BYGG MESTER EIENDOM AS. Revenue 97.52m NOK → 76.67m NOK (-21.4%). Net result +14.03m NOK → +18.13m NOK. Equity 115.86m NOK → 123.99m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3 BYGG MESTER EIENDOM AS.

At a glance

Scorecard

Revenue
97.52m NOK 76.67m NOK
-21.4%
Net result
+14.03m NOK +18.13m NOK
+29.2%
Equity
115.86m NOK 123.99m NOK
+7.0%
Cash
56.70m NOK 31.88m NOK
-43.8%
Total assets
147.77m NOK 157.96m NOK
+6.9%

What improved

  • ↑

    Net result improved

    Net result +14.03m NOK → +18.13m NOK (net margin 14.4% → 23.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 115.86m NOK → 123.99m NOK (equity ratio 78.4% → 78.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 97.52m NOK to 76.67m NOK (-21.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 56.70m NOK → 31.88m NOK (-43.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.80m NOK → 2.89m NOK (3% → 4% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.06m NOK → 3.51m NOK. Reported fact