Org.nr 915 629 504 2015 → 2016 Year-over-year analysis

3MW INTEGRITY AS: årsregnskap 2016 vs 2015

Grew 1481% on revenue, fresh owner capital

approved 2017-02-24; registry 2017-03-29; journal 2017 250436

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 3MW INTEGRITY AS. Revenue 520 NOK → 8 222 NOK (+1481.2%). Equity 7.59m NOK → 1.00m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3MW INTEGRITY AS.

Scorecard

Revenue
520 NOK 8 222 NOK
+1481.2%
Net result
n/m +1.99m NOK
—
Equity
7.59m NOK 1.00m NOK
-86.8%
Cash
87.4k NOK 327.8k NOK
+274.9%
Total assets
722.8k NOK 722.7k NOK
-0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 520 NOK to 8 222 NOK (+1481.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 87.4k NOK → 327.8k NOK (+274.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 NOK → 1.00m NOK (+1000.0k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.59m NOK → 1.00m NOK (equity ratio 1049.5% → 138.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.00× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 319 NOK → 4.39m NOK (446% → 53444% of revenue). Calculated