Org.nr 919 742 356 2016 → 2017 Year-over-year analysis

3B-FIBREGLASS NORWAY AS: årsregnskap 2017 vs 2016

Grew 94092% on revenue

approved 2018-04-10; registry 2018-06-25; journal 2018 541701

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3B-FIBREGLASS NORWAY AS. Revenue 481.2k NOK → 453.26m NOK (+94092.5%). Equity 217.9k NOK → 13.23m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
481.2k NOK 453.26m NOK
+94092.5%
Net result
+66.98m NOK n/m
—
Equity
217.9k NOK 13.23m NOK
+5973.8%
Cash
6.79m NOK 8.06m NOK
+18.7%
Total assets
401.1k NOK 453.4k NOK
+13.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 481.2k NOK to 453.26m NOK (+94092.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 217.9k NOK → 13.23m NOK (equity ratio 54.3% → 2918.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.79m NOK → 8.06m NOK (+18.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.03×. Calculated

  • ↑

    Payroll decreased

    Salary cost 116.03m NOK → 3.13m NOK (24114% → 1% of revenue). Calculated