2M MALERFIRMA AS: årsregnskap 2016 vs 2015
Shrank 98% on revenue, slipped into loss
approved 2017-03-09; registry 2017-06-13; journal 2017 443635
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 2M MALERFIRMA AS. Revenue 575.7k NOK → 8 982 NOK (-98.4%). Net result +10.8k NOK → -24.3k NOK. Equity 70.8k NOK → 46.5k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2M MALERFIRMA AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 205.9k NOK → 376.8k NOK (+83.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 575.7k NOK to 8 982 NOK (-98.4% YoY). Calculated
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↓
Operating result weakened
Operating result +22.3k NOK → -16.8k NOK (op. margin 3.9% → -187.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 10.8k NOK profit to a loss of 24.3k NOK. Calculated
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↓
Equity eroded
Book equity 70.8k NOK → 46.5k NOK (equity ratio 18.3% → 7.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 313 NOK → 750.2k NOK (0% → 8352% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation