3 F MANAGEMENT AS: årsregnskap 2015 vs 2014
Shrank 25% on revenue, returned to profit
approved 2016-06-30; registry 2016-10-25; journal 2016 964776
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 3 F MANAGEMENT AS. Revenue 935.6k NOK → 705.4k NOK (-24.6%). Net result -271.0k NOK → +335.0k NOK. Equity 6.18m NOK → 6.27m NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: operating result unchanged; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 3 F MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 271.0k NOK to a profit of 335.0k NOK. Calculated
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↑
Equity strengthened
Book equity 6.18m NOK → 6.27m NOK (equity ratio 68.4% → 67.6%). Calculated
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↑
Payroll decreased
Salary cost 2.73m NOK → 78.5k NOK (292% → 11% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 935.6k NOK to 705.4k NOK (-24.6% YoY). Calculated
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↓
Cash fell
Bank deposits 4.28m NOK → 3.97m NOK (-7.2% YoY). Calculated
Things to notice
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Operating result unchanged
Operating result -399.9k NOK → -399.9k NOK (op. margin -42.7% → -56.7%). Calculated
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 130 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 469.4k NOK → 30.0k NOK. Reported fact