360DESIGN AS: årsregnskap 2017 vs 2016
Grew 108467% on revenue, stronger earnings
approved 2018-06-15; registry 2018-07-07; journal 2018 642882
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 360DESIGN AS. Revenue 1 511 NOK → 1.64m NOK (+108466.9%). Net result +12.9k NOK → +59.0k NOK. Equity 145.4k NOK → 205.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 360DESIGN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 511 NOK to 1.64m NOK (+108466.9% YoY). Calculated
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Operating result improved
Operating result +69.3k NOK → +102.0k NOK (op. margin 4584.5% → 6.2%). Calculated
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Net result improved
Net result +12.9k NOK → +59.0k NOK (net margin 854.2% → 3.6%). Calculated
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Equity strengthened
Book equity 145.4k NOK → 205.3k NOK (equity ratio 29.4% → 24.0%). Calculated
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Cash rose
Bank deposits 314.1k NOK → 579.4k NOK (+84.5% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 482.5k NOK → 929.4k NOK (+92.6% YoY). Calculated