Org.nr 998 486 009 2015 → 2016 Year-over-year analysis

360 VEST AS: årsregnskap 2016 vs 2015

Grew 66% on revenue, stronger earnings

approved 2017-05-24; registry 2017-06-07; journal 2017 397041

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 360 VEST AS. Revenue 1.39m NOK → 2.31m NOK (+66.3%). Net result +1 064 NOK → +201.3k NOK. Equity 95.3k NOK → 186.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 360 VEST AS.

Scorecard

Revenue
1.39m NOK 2.31m NOK
+66.3%
Operating result
+1 496 NOK +268.4k NOK
+17839.5%
Net result
+1 064 NOK +201.3k NOK
+18818.0%
Equity
95.3k NOK 186.6k NOK
+95.7%
Cash
54.0k NOK 174.5k NOK
+223.0%
Total assets
551.6k NOK 511.5k NOK
-7.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.39m NOK to 2.31m NOK (+66.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 496 NOK → +268.4k NOK (op. margin 0.1% → 11.6%). Calculated

  • ↑

    Net result improved

    Net result +1 064 NOK → +201.3k NOK (net margin 0.1% → 8.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 95.3k NOK → 186.6k NOK (equity ratio 17.3% → 36.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 54.0k NOK → 174.5k NOK (+223.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 529.6k NOK → 111.3k NOK (-79.0% YoY). Calculated