3B HYTTESERVICE AS: årsregnskap 2016 vs 2015
Grew 6% on revenue, slipped into loss
approved 2017-06-20; registry 2017-06-22; journal 2017 517496
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3B HYTTESERVICE AS. Revenue 374.5k NOK → 398.5k NOK (+6.4%). Net result +28.3k NOK → -45.7k NOK. Equity 17.8k NOK → -27.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3B HYTTESERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 374.5k NOK to 398.5k NOK (+6.4% YoY). Calculated
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↑
Cash rose
Bank deposits 134.9k NOK → 240.1k NOK (+77.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +38.2k NOK → -59.7k NOK (op. margin 10.2% → -15.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 28.3k NOK profit to a loss of 45.7k NOK. Calculated
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↓
Equity eroded
Book equity 17.8k NOK → -27.9k NOK (equity ratio 12.9% → -10.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation