FirmaIQ
Org.nr 976 485 556 2014 → 2015 Year-over-year analysis

3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS: årsregnskap 2015 vs 2014

Shrank 61% on revenue, weaker earnings, cash halved-plus

approved 2016-06-14; registry 2016-08-10; journal 2016 819986

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS. Revenue 2.38m NOK → 940.6k NOK (-60.6%). Net result +903.8k NOK → +5 NOK. Equity 3.19m NOK → 3.07m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS.

At a glance

Scorecard

Revenue
2.38m NOK 940.6k NOK
-60.6%
Net result
+903.8k NOK +5 NOK
-100.0%
Equity
3.19m NOK 3.07m NOK
-3.8%
Cash
434.5k NOK 150.0k NOK
-65.5%
Total assets
3.87m NOK 3.42m NOK
-11.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 9.81m NOK → 9.37m NOK (411% → 996% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.38m NOK to 940.6k NOK (-60.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +903.8k NOK → +5 NOK (net margin 37.9% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 3.19m NOK → 3.07m NOK (equity ratio 82.4% → 89.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 434.5k NOK → 150.0k NOK (-65.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 179.3k NOK → 143.5k NOK (-20.0% YoY). Calculated