1B1 GROUP AS: årsregnskap 2016 vs 2015
Weaker earnings
approved 2017-10-11; registry 2017-10-16; journal 2017 891993
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 1B1 GROUP AS. Revenue 3.78m NOK → 3.91m NOK (+3.5%). Net result -62.3k NOK → -2.78m NOK. Equity -779.8k NOK → -3.56m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 1B1 GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.78m NOK to 3.91m NOK (+3.5% YoY). Calculated
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↑
Cash rose
Bank deposits 2 265 NOK → 81.1k NOK (+3481.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -48.6k NOK → -2.76m NOK (op. margin -1.3% → -70.6%). Calculated
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↓
Net result weakened
Net result -62.3k NOK → -2.78m NOK (net margin -1.6% → -71.0%). Calculated
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↓
Equity eroded
Book equity -779.8k NOK → -3.56m NOK (equity ratio -91.7% → -606.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -606.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 68.0k NOK → 5.43m NOK (2% → 139% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.39m NOK → 4.26m NOK (+78.5% YoY). Calculated