3-BYGG AS: årsregnskap 2012 vs 2011
Shrank 84% on revenue, cash halved-plus
approved 2013-06-20; registry 2013-09-07; journal 2013 757799
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 3-BYGG AS. Revenue 10.91m NOK → 1.77m NOK (-83.8%). Equity 5.65m NOK → 5.51m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 3-BYGG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 129.5k NOK → 73.2k NOK (1% → 4% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.91m NOK to 1.77m NOK (-83.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.17m NOK → +34.0k NOK (op. margin 19.9% → 1.9%). Calculated
-
↓
Equity eroded
Book equity 5.65m NOK → 5.51m NOK (equity ratio 40.1% → 55.1%). Calculated
-
↓
Cash fell
Bank deposits 3.04m NOK → 75.2k NOK (-97.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.04m NOK → 75.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 7.63m NOK → 1.33m NOK (-82.5% YoY). Calculated