3XH TRADING AS: årsregnskap 2016 vs 2015
Stronger earnings, fresh owner capital
approved 2017-06-08; registry 2017-06-20; journal 2017 487768
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3XH TRADING AS. Revenue 907.6k NOK → 917.8k NOK (+1.1%). Net result 0 NOK → +21.8k NOK. Equity -7 997 NOK → 19.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3XH TRADING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 907.6k NOK to 917.8k NOK (+1.1% YoY). Calculated
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↑
Operating result improved
Operating result -32.4k NOK → +22.1k NOK (op. margin -3.6% → 2.4%). Calculated
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↑
Net result improved
Net result 0 NOK → +21.8k NOK (net margin 0.0% → 2.4%). Calculated
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↑
Equity strengthened
Book equity -7 997 NOK → 19.4k NOK (equity ratio -8.1% → 13.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.92× → 1.16×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 18.8k NOK → 12.5k NOK (-33.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4 686 NOK → 3.59m NOK (1% → 392% of revenue). Calculated