Org.nr 988 389 846 2015 → 2016 Year-over-year analysis

3NET AS: årsregnskap 2016 vs 2015

Grew 19% on revenue

approved 2017-05-30; registry 2017-06-20; journal 2017 488106

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 3NET AS. Revenue 34.83m NOK → 41.60m NOK (+19.4%). Equity 2.90m NOK → 2.90m NOK.

On the constructive side: revenue rose. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3NET AS.

At a glance

Revenue

34.83m NOK 41.60m NOK

+19.4%

Equity

2.90m NOK 2.90m NOK

-0.0%

Cash

5.03m NOK 2.53m NOK

-49.7%

Total assets

10.16m NOK 11.02m NOK

+8.5%

↑
Revenue rose

Operating income / revenue moved from 34.83m NOK to 41.60m NOK (+19.4% YoY). Calculated

↓
Cash fell

Bank deposits 5.03m NOK → 2.53m NOK (-49.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.07× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 2 NOK → 5.80m NOK (0% → 14% of revenue). Calculated
·
COGS moved

COGS / varekostnad 20.63m NOK → 28.36m NOK (+37.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 623.8k NOK → 633 NOK. Reported fact