3S HOLDING AS: årsregnskap 2016 vs 2015
Stronger earnings
approved 2017-06-29; registry 2017-07-18; journal 2017 699632
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3S HOLDING AS. Revenue 1.98m NOK → 1.95m NOK (-1.6%). Net result +176.8k NOK → +695.8k NOK. Equity 15.47m NOK → 15.70m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3S HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +176.8k NOK → +695.8k NOK (net margin 8.9% → 35.7%). Calculated
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↑
Equity strengthened
Book equity 15.47m NOK → 15.70m NOK (equity ratio 51.0% → 63.0%). Calculated
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↑
Cash rose
Bank deposits 183.5k NOK → 393.5k NOK (+114.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.98m NOK to 1.95m NOK (-1.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 16.36m NOK → 16.82m NOK (826% → 864% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 58.49m NOK → 56.99m NOK (-2.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 19.91m NOK → 19.74m NOK. Reported fact