3D BYGG AS: årsregnskap 2016 vs 2015
Shrank 56% on revenue, weaker earnings
approved 2017-06-02; registry 2017-06-14; journal 2017 446571
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3D BYGG AS. Revenue 13.22m NOK → 5.81m NOK (-56.0%). Net result -458.4k NOK → -690.7k NOK. Equity -23.6k NOK → -714.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3D BYGG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.53m NOK → 2.32m NOK (19% → 40% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.22m NOK to 5.81m NOK (-56.0% YoY). Calculated
-
↓
Net result weakened
Net result -458.4k NOK → -690.7k NOK (net margin -3.5% → -11.9%). Calculated
-
↓
Equity eroded
Book equity -23.6k NOK → -714.3k NOK (equity ratio -1.0% → -29.4%). Calculated
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↓
Cash fell
Bank deposits 106.6k NOK → 102.6k NOK (-3.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -29.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 10.23m NOK → 3.13m NOK (-69.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 000 NOK → 0 NOK. Reported fact