FirmaIQ
Org.nr 994 203 002 2015 → 2016 Year-over-year analysis

3T SOLSIDEN AS: årsregnskap 2016 vs 2015

A steady year on the published lines

approved 2017-06-30; registry 2017-08-01; journal 2017 792658

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 3T SOLSIDEN AS. Revenue 16.58m NOK → 15.90m NOK (-4.2%). Net result +644.7k NOK → +572.0k NOK. Equity 344.1k NOK → 360.7k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 3T SOLSIDEN AS.

At a glance

Scorecard

Revenue
16.58m NOK 15.90m NOK
-4.2%
Operating result
+754.5k NOK +715.3k NOK
-5.2%
Net result
+644.7k NOK +572.0k NOK
-11.3%
Equity
344.1k NOK 360.7k NOK
+4.8%
Cash
250.6k NOK 440.0k NOK
+75.6%
Total assets
3.71m NOK 5.21m NOK
+40.5%

What improved

  • ↑

    Equity strengthened

    Book equity 344.1k NOK → 360.7k NOK (equity ratio 9.3% → 6.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 250.6k NOK → 440.0k NOK (+75.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.58m NOK to 15.90m NOK (-4.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +754.5k NOK → +715.3k NOK (op. margin 4.5% → 4.5%). Calculated

  • ↓

    Net result weakened

    Net result +644.7k NOK → +572.0k NOK (net margin 3.9% → 3.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 497.9k NOK → 431.5k NOK (-13.3% YoY). Calculated