Org.nr 989 086 111 2015 → 2016 Year-over-year analysis

3RIV AS: årsregnskap 2016 vs 2015

Grew 41% on revenue, stronger earnings

approved 2017-06-30; registry 2017-08-21; journal 2017 873386

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 3RIV AS. Revenue 293.5k NOK → 414.6k NOK (+41.3%). Net result +391.9k NOK → +232.44m NOK. Equity 2.40m NOK → 1.08m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
293.5k NOK 414.6k NOK
+41.3%
Operating result
+145.3k NOK +130.81bn NOK
+90006949.7%
Net result
+391.9k NOK +232.44m NOK
+59218.7%
Equity
2.40m NOK 1.08m NOK
-55.0%
Cash
48.7k NOK 59.7k NOK
+22.6%
Total assets
3.52m NOK 1.98m NOK
-43.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 293.5k NOK to 414.6k NOK (+41.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +145.3k NOK → +130.81bn NOK (op. margin 49.5% → 31551053.9%). Calculated

  • ↑

    Net result improved

    Net result +391.9k NOK → +232.44m NOK (net margin 133.5% → 56064.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 48.7k NOK → 59.7k NOK (+22.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.40m NOK → 1.08m NOK (equity ratio 68.0% → 54.5%). Calculated