3MW INTEGRITY AS: årsregnskap 2017 vs 2016
Grew 108485% on revenue, stronger earnings
approved 2018-01-31; registry 2018-07-03; journal 2018 601564
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3MW INTEGRITY AS. Revenue 8 222 NOK → 8.93m NOK (+108484.9%). Net result +1.99m NOK → +2.40m NOK. Equity 1.00m NOK → 1.40m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3MW INTEGRITY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 8 222 NOK to 8.93m NOK (+108484.9% YoY). Calculated
-
↑
Net result improved
Net result +1.99m NOK → +2.40m NOK (net margin 24149.6% → 26.9%). Calculated
-
↑
Equity strengthened
Book equity 1.00m NOK → 1.40m NOK (equity ratio 138.5% → 28.9%). Calculated
-
↑
Cash rose
Bank deposits 327.8k NOK → 375.8k NOK (+14.7% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.96× → 1.40×. Calculated
Things to notice
-
·
Payroll increased
Salary cost 4.39m NOK → 4.80m NOK (53444% → 54% of revenue). Calculated