Org.nr 989 890 832 2015 → 2016 Year-over-year analysis

99X SOLUTIONS AS: årsregnskap 2016 vs 2015

Grew 80% on revenue

approved 2017-04-28; registry 2017-05-16; journal 2017 323214

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 99X SOLUTIONS AS. Revenue 8.12m NOK → 14.60m NOK (+79.9%). Equity 230.1k NOK → 596.5k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 99X SOLUTIONS AS.

Scorecard

Revenue
8.12m NOK 14.60m NOK
+79.9%
Equity
230.1k NOK 596.5k NOK
+159.2%
Cash
302.6k NOK 3.30m NOK
+990.7%
Total assets
2.63m NOK 5.35m NOK
+103.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.12m NOK to 14.60m NOK (+79.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 230.1k NOK → 596.5k NOK (equity ratio 8.8% → 11.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 302.6k NOK → 3.30m NOK (+990.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.91m NOK → 5.00m NOK (+27.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 17.5k NOK → 13.8k NOK. Reported fact