Org.nr 916 252 773 2017 → 2018 Year-over-year analysis

3MT ENGINEERING AS: årsregnskap 2018 vs 2017

Grew 238% on revenue

approved 2019-07-05; registry 2019-07-23; journal 2019 800838

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3MT ENGINEERING AS. Revenue 163.7k NOK → 553.2k NOK (+238.0%). Equity 43.4k NOK → 12.15m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

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

At a glance

Revenue

163.7k NOK 553.2k NOK

+238.0%

Operating result

+19.7k NOK +139.8k NOK

+611.2%

Net result

+12.7k NOK n/m

—

Equity

43.4k NOK 12.15m NOK

+27901.2%

Cash

90.3k NOK 240.3k NOK

+166.2%

Total assets

90.3k NOK 384.5k NOK

+326.0%

↑
Revenue rose

Operating income / revenue moved from 163.7k NOK to 553.2k NOK (+238.0% YoY). Calculated
↑
Operating result improved

Operating result +19.7k NOK → +139.8k NOK (op. margin 12.0% → 25.3%). Calculated
↑
Equity strengthened

Book equity 43.4k NOK → 12.15m NOK (equity ratio 48.1% → 3159.9%). Calculated
↑
Cash rose

Bank deposits 90.3k NOK → 240.3k NOK (+166.2% YoY). Calculated