3B SERVICE AS: årsregnskap 2016 vs 2015
Grew 474% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-07-15; journal 2017 709922
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3B SERVICE AS. Revenue 322.4k NOK → 1.85m NOK (+473.8%). Net result +298.9k NOK → +326.2k NOK. Equity 893.8k NOK → 220.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3B SERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 322.4k NOK to 1.85m NOK (+473.8% YoY). Calculated
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Operating result improved
Operating result +405.9k NOK → +451.4k NOK (op. margin 125.9% → 24.4%). Calculated
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Net result improved
Net result +298.9k NOK → +326.2k NOK (net margin 92.7% → 17.6%). Calculated
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Payroll decreased
Salary cost 582.2k NOK → 560.9k NOK (181% → 30% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 893.8k NOK → 220.0k NOK (equity ratio 47.6% → 9.2%). Calculated
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↓
Cash fell
Bank deposits 286.5k NOK → 90.9k NOK (-68.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.62× → 0.48× — 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 9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 938 NOK → 245.7k NOK (+26089.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 574.5k NOK → 454.9k NOK. Reported fact