FirmaIQ
Org.nr 989 434 667 2015 → 2016 Year-over-year analysis

3ESS KONSULENTSELSKAP AS: årsregnskap 2016 vs 2015

Shrank 34% on revenue, stronger earnings

approved 2017-06-30; registry 2017-08-03; journal 2017 827198

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 3ESS KONSULENTSELSKAP AS. Revenue 1.35m NOK → 893.1k NOK (-33.6%). Net result +9 118 NOK → +133.6k NOK. Equity 438.3k NOK → 304.7k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3ESS KONSULENTSELSKAP AS.

At a glance

Scorecard

Revenue
1.35m NOK 893.1k NOK
-33.6%
Operating result
+29.0k NOK +893.1k NOK
+2976.6%
Net result
+9 118 NOK +133.6k NOK
+1365.4%
Equity
438.3k NOK 304.7k NOK
-30.5%
Cash
187.7k NOK 179.2k NOK
-4.5%
Total assets
761.7k NOK 446.5k NOK
-41.4%

What improved

  • ↑

    Operating result improved

    Operating result +29.0k NOK → +893.1k NOK (op. margin 2.2% → 100.0%). Calculated

  • ↑

    Net result improved

    Net result +9 118 NOK → +133.6k NOK (net margin 0.7% → 15.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 462.9k NOK → 255.4k NOK (34% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.35m NOK to 893.1k NOK (-33.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 438.3k NOK → 304.7k NOK (equity ratio 57.5% → 68.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 187.7k NOK → 179.2k NOK (-4.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 782.2k NOK → 33.9k NOK (-95.7% YoY). Calculated