Org.nr 898 785 122 2015 → 2016 Year-over-year analysis

3C UTVIKLING AS: årsregnskap 2016 vs 2015

Grew 133% on revenue

approved 2017-06-01; registry 2017-07-11; journal 2017 653438

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 3C UTVIKLING AS. Revenue 18.4k NOK → 42.9k NOK (+132.9%). Net result +4.00m NOK → +4.10m NOK. Equity 26.13m NOK → 30.23m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3C UTVIKLING AS.

Scorecard

Revenue
18.4k NOK 42.9k NOK
+132.9%
Operating result
-40.5k NOK -20.0k NOK
+50.6%
Net result
+4.00m NOK +4.10m NOK
+2.5%
Equity
26.13m NOK 30.23m NOK
+15.7%
Cash
574.7k NOK 456.0k NOK
-20.7%
Total assets
34.29m NOK 39.48m NOK
+15.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.4k NOK to 42.9k NOK (+132.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -40.5k NOK → -20.0k NOK (op. margin -220.1% → -46.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 26.13m NOK → 30.23m NOK (equity ratio 76.2% → 76.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 574.7k NOK → 456.0k NOK (-20.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 70.39× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 33.7k NOK → 886.0k NOK. Reported fact