FirmaIQ
Org.nr 915 629 504 2017 → 2018 Year-over-year analysis

3MW INTEGRITY AS: årsregnskap 2018 vs 2017

Grew 16% on revenue

approved 2019-04-24; registry 2019-05-08; journal 2019 310036

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3MW INTEGRITY AS. Revenue 8.93m NOK → 10.39m NOK (+16.3%). Net result +2.40m NOK → +2.65m NOK. Equity 1.40m NOK → 1.36m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
8.93m NOK 10.39m NOK
+16.3%
Net result
+2.40m NOK +2.65m NOK
+10.3%
Equity
1.40m NOK 1.36m NOK
-3.4%
Cash
375.8k NOK 398.0k NOK
+5.9%
Total assets
4.86m NOK 6.04m NOK
+24.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.93m NOK to 10.39m NOK (+16.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.40m NOK → +2.65m NOK (net margin 26.9% → 25.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 375.8k NOK → 398.0k NOK (+5.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.40m NOK → 1.36m NOK (equity ratio 28.9% → 22.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.80m NOK → 5.57m NOK (54% → 54% of revenue). Calculated