Org.nr 918 275 010 2016 → 2017 Year-over-year analysis

3 N SUPPORT AS: årsregnskap 2017 vs 2016

Grew 127% on revenue

approved 2018-06-30; registry 2018-08-09; journal 2018 888120

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3 N SUPPORT AS. Revenue 312.9k NOK → 709.8k NOK (+126.8%). Equity 20.0k NOK → 178.5k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3 N SUPPORT AS.

Scorecard

Revenue
312.9k NOK 709.8k NOK
+126.8%
Net result
-9 997 NOK n/m
—
Equity
20.0k NOK 178.5k NOK
+792.2%
Cash
30.0k NOK 313.3k NOK
+944.1%
Total assets
342.9k NOK 444.2k NOK
+29.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 312.9k NOK to 709.8k NOK (+126.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 20.0k NOK → 178.5k NOK (equity ratio 5.8% → 40.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 313.3k NOK (+944.1% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.06× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 312 NOK → 6.57m NOK (0% → 926% of revenue). Calculated