Org.nr 976 485 556 2016 → 2017 Year-over-year analysis

3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS: årsregnskap 2017 vs 2016

Grew 247% on revenue, cash halved-plus

approved 2018-06-30; registry 2018-07-24; journal 2018 773434

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS. Revenue 823.1k NOK → 2.86m NOK (+247.0%). Equity 2.63m NOK → 3.67m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
823.1k NOK 2.86m NOK
+247.0%
Net result
+356.0k NOK n/m
—
Equity
2.63m NOK 3.67m NOK
+39.6%
Cash
219.7k NOK 30.8k NOK
-86.0%
Total assets
3.89m NOK 4.47m NOK
+14.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 823.1k NOK to 2.86m NOK (+247.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.63m NOK → 3.67m NOK (equity ratio 67.5% → 82.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 219.7k NOK → 30.8k NOK (-86.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 143.5k NOK → 29.0k NOK (-79.8% YoY). Calculated