Org.nr 878 703 812 2006 → 2007 Year-over-year analysis

3 STEP IT AS: årsregnskap 2007 vs 2006

Grew 24% on revenue, cash halved-plus

approved 2008-06-05; registry 2008-06-14

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2007 with 2006 for 3 STEP IT AS. Revenue 35.10m NOK → 43.51m NOK (+24.0%). Equity 25.09m NOK → 110.95m NOK.

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

Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3 STEP IT AS.

Scorecard

Revenue
35.10m NOK 43.51m NOK
+24.0%
Operating result
+2.18m NOK n/m
—
Equity
25.09m NOK 110.95m NOK
+342.1%
Cash
1.61m NOK 780.3k NOK
-51.4%
Total assets
115.85m NOK 151.93m NOK
+31.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 35.10m NOK to 43.51m NOK (+24.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 25.09m NOK → 110.95m NOK (equity ratio 21.7% → 73.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.61m NOK → 780.3k NOK (-51.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 250.0k NOK → 80.2k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 10.30m NOK → 17.40m NOK (+68.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 943.4k NOK → 662.0k NOK. Reported fact