3 NORSKE AS: årsregnskap 2016 vs 2015
Grew 1852% on revenue, slipped into loss
approved 2017-06-30; registry 2017-08-09; journal 2017 842018
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3 NORSKE AS. Revenue 51.0k NOK → 995.4k NOK (+1851.8%). Net result +4.34m NOK → -9.97m NOK. Equity 12.91m NOK → 179.86m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3 NORSKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 51.0k NOK to 995.4k NOK (+1851.8% YoY). Calculated
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↑
Equity strengthened
Book equity 12.91m NOK → 179.86m NOK (equity ratio 7.7% → 88792.8%). Calculated
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↑
Cash rose
Bank deposits 14.22m NOK → 29.04m NOK (+104.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.18× → 2.03×. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 4.34m NOK profit to a loss of 9.97m NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 6.29m NOK → 6.31m NOK (12342% → 634% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 306.2k NOK → 385.2k NOK (+25.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 286.0k NOK → 249.0k NOK. Reported fact