3D AKUSTIKK AS: årsregnskap 2018 vs 2017
Shrank 157% on revenue, weaker earnings
approved 2019-06-30; registry 2019-08-05; journal 2019 862936
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3D AKUSTIKK AS. Revenue 89.2k NOK → -51.0k NOK (-157.2%). Net result -59.0k NOK → -157.3k NOK. Equity 51.1k NOK → -106.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3D AKUSTIKK AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.14m NOK → 106.3k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 89.2k NOK to -51.0k NOK (-157.2% YoY). Calculated
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↓
Operating result weakened
Operating result +53.1k NOK → -157.3k NOK (op. margin 59.5% → 308.5%). Calculated
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↓
Net result weakened
Net result -59.0k NOK → -157.3k NOK (net margin -66.2% → 308.4%). Calculated
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↓
Equity eroded
Book equity 51.1k NOK → -106.2k NOK (equity ratio 21.2% → -148.6%). Calculated
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↓
Cash fell
Bank deposits 70.2k NOK → 56.8k NOK (-19.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -148.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation