1-2-TRE AS: årsregnskap 2016 vs 2015
Shrank 88% on revenue
approved 2017-06-21; registry 2017-07-12; journal 2017 686032
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 1-2-TRE AS. Revenue 577.4k NOK → 69.4k NOK (-88.0%). Equity 142.5k NOK → 5 580 NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 1-2-TRE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 132.7k NOK → 56.5k NOK (23% → 81% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 577.4k NOK to 69.4k NOK (-88.0% YoY). Calculated
-
↓
Equity eroded
Book equity 142.5k NOK → 5 580 NOK (equity ratio 36.1% → 1.6%). Calculated
-
↓
Cash fell
Bank deposits 10.2k NOK → 8 131 NOK (-20.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 327.3k NOK → 84.5k NOK (-74.2% YoY). Calculated