3ELEMENT AS: årsregnskap 2016 vs 2015
Grew 181% on revenue
approved 2017-03-25; registry 2017-08-05; journal 2017 834772
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3ELEMENT AS. Revenue 921.2k NOK → 2.59m NOK (+181.5%). Equity -80.7k NOK → 19.7k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3ELEMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 921.2k NOK to 2.59m NOK (+181.5% YoY). Calculated
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↑
Equity strengthened
Book equity -80.7k NOK → 19.7k NOK (equity ratio -1.9% → 0.6%). Calculated
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↑
Payroll decreased
Salary cost 1.65m NOK → 1.33m NOK (179% → 51% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 697.9k NOK → 368.7k NOK (-47.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.54m NOK → 515.7k NOK (-79.7% YoY). Calculated