3D BOLIG AS: årsregnskap 2015 vs 2014
Shrank 63% on revenue, slipped into loss, cash halved-plus
approved 2016-06-10; registry 2016-07-13; journal 2016 678852
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 3D BOLIG AS. Revenue 887.6k NOK → 327.7k NOK (-63.1%). Net result +87.6k NOK → -295.8k NOK. Equity 218.7k NOK → -77.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3D BOLIG AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 564.3k NOK → 292.0k NOK (64% → 89% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 887.6k NOK to 327.7k NOK (-63.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +127.0k NOK → -278.2k NOK (op. margin 14.3% → -84.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 87.6k NOK profit to a loss of 295.8k NOK. Calculated
-
↓
Equity eroded
Book equity 218.7k NOK → -77.1k NOK (equity ratio 52.5% → -10.3%). Calculated
-
↓
Cash fell
Bank deposits 104.5k NOK → 33.9k NOK (-67.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -10.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation