3D BYGG AS: årsregnskap 2017 vs 2016
Grew 21% on revenue, stronger earnings, cash halved-plus
approved 2018-05-28; registry 2018-06-06; journal 2018 412516
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3D BYGG AS. Revenue 5.81m NOK → 7.04m NOK (+21.1%). Net result -690.7k NOK → -274.9k NOK. Equity -714.3k NOK → -989.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3D BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.81m NOK to 7.04m NOK (+21.1% YoY). Calculated
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Operating result improved
Operating result -662.4k NOK → -239.8k NOK (op. margin -11.4% → -3.4%). Calculated
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Net result improved
Net result -690.7k NOK → -274.9k NOK (net margin -11.9% → -3.9%). Calculated
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Payroll decreased
Salary cost 2.32m NOK → 2.29m NOK (40% → 33% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -714.3k NOK → -989.2k NOK (equity ratio -29.4% → -51.6%). Calculated
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↓
Cash fell
Bank deposits 102.6k NOK → 24.3k NOK (-76.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -51.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 3.13m NOK → 3.86m NOK (+23.2% YoY). Calculated