3D BOLIG AS: årsregnskap 2017 vs 2016
Shrank 83% on revenue, stronger earnings
approved 2018-04-30; registry 2018-06-07; journal 2018 427570
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3D BOLIG AS. Revenue 68.4k NOK → 11.9k NOK (-82.6%). Net result +109.4k NOK → +251.4k NOK. Equity 32.2k NOK → -219.2k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
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
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Operating result improved
Operating result +130.5k NOK → +242.4k NOK (op. margin 190.7% → 2032.6%). Calculated
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Net result improved
Net result +109.4k NOK → +251.4k NOK (net margin 159.8% → 2108.8%). Calculated
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Cash rose
Bank deposits 14.2k NOK → 64.9k NOK (+357.5% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 68.4k NOK to 11.9k NOK (-82.6% YoY). Calculated
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Equity eroded
Book equity 32.2k NOK → -219.2k NOK (equity ratio 4.7% → -43.0%). Calculated
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Payroll up without matching revenue
Salary cost 415.5k NOK → 754.3k NOK (607% → 6327% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -43.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation