3B NORGE AS: årsregnskap 2017 vs 2016
Another loss-making year
approved 2018-05-18; registry 2018-05-29; journal 2018 374186
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3B NORGE AS. Revenue 0 NOK → 1 135 NOK. Equity 24.4k NOK → 15.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3B NORGE AS.
At a glance
Scorecard
Revenue
0 NOK
1 135 NOK
—
Net result
n/m
-9 186 NOK
—
Equity
24.4k NOK
15.2k NOK
-37.6%
Cash
30.0k NOK
88.5k NOK
+195.0%
Total assets
30.0k NOK
750.5k NOK
+2401.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1 135 NOK. Calculated
-
↑
Cash rose
Bank deposits 30.0k NOK → 88.5k NOK (+195.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 24.4k NOK → 15.2k NOK (equity ratio 81.4% → 2.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation