Org.nr 988 389 846 2016 → 2017 Year-over-year analysis

3NET AS: årsregnskap 2017 vs 2016

Grew 7% on revenue

approved 2018-05-09; registry 2018-06-23; journal 2018 528268

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3NET AS. Revenue 41.60m NOK → 44.40m NOK (+6.7%). Equity 2.90m NOK → 2.90m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

Scorecard

Revenue
41.60m NOK 44.40m NOK
+6.7%
Equity
2.90m NOK 2.90m NOK
+0.0%
Cash
2.53m NOK 5.36m NOK
+112.1%
Total assets
11.02m NOK 11.24m NOK
+2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.60m NOK to 44.40m NOK (+6.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.90m NOK → 2.90m NOK (equity ratio 26.4% → 25.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.53m NOK → 5.36m NOK (+112.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.97× → 1.01×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.80m NOK → 7.38m NOK (14% → 17% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 28.36m NOK → 26.54m NOK (-6.4% YoY). Calculated