3D BYGG AS: årsregnskap 2018 vs 2017
Grew 173% on revenue, returned to profit
approved 2019-02-28; registry 2019-03-18; journal 2019 240288
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3D BYGG AS. Revenue 7.04m NOK → 19.25m NOK (+173.4%). Net result -274.9k NOK → +92.7k NOK. Equity -989.2k NOK → -896.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; 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 7.04m NOK to 19.25m NOK (+173.4% YoY). Calculated
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Operating result improved
Operating result -239.8k NOK → +142.6k NOK (op. margin -3.4% → 0.7%). Calculated
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Turned profitable
Net result flipped from a loss of 274.9k NOK to a profit of 92.7k NOK. Calculated
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Equity strengthened
Book equity -989.2k NOK → -896.5k NOK (equity ratio -51.6% → -18.0%). Calculated
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Cash rose
Bank deposits 24.3k NOK → 130.6k NOK (+437.7% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.29m NOK → 2.87m NOK (33% → 15% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.86m NOK → 15.11m NOK (+291.7% YoY). Calculated