3 T BYGG HOLDING AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2018-06-30; registry 2018-07-23; journal 2018 754045
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3 T BYGG HOLDING AS. Revenue 20.10m NOK → 0 NOK (-100.0%). Net result +852.5k NOK → -22.4k NOK. Equity 3.37m NOK → 3.20m NOK.
On the constructive side: current ratio back above 1×; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3 T BYGG HOLDING AS.
At a glance
Scorecard
What improved
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Current ratio back above 1×
Current ratio 0.99× → 155.19×. Calculated
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Owners injected capital
Paid-in equity rose 102.0k NOK → 579.9k NOK (+477.9k NOK). Reported fact
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Payroll decreased
Salary cost 4.92m NOK → 4 919 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.10m NOK to 0 NOK (-100.0% YoY). Calculated
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Operating result weakened
Operating result +1.14m NOK → -44.4k NOK. Calculated
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Fell into a net loss
Net result flipped from 852.5k NOK profit to a loss of 22.4k NOK. Calculated
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Equity eroded
Book equity 3.37m NOK → 3.20m NOK (equity ratio 43.7% → 99.2%). Calculated
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Cash fell
Bank deposits 2.23m NOK → 769 NOK (-100.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.23m NOK → 769 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 11.43m NOK → 428.5k NOK (-96.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 101.1k NOK → 10.0k NOK. Reported fact