3D BYGG AS: årsregnskap 2019 vs 2018
Shrank 53% on revenue, slipped into loss, cash halved-plus
approved 2020-05-04; registry 2020-06-15; journal 2020 432468
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3D BYGG AS. Revenue 19.25m NOK → 9.07m NOK (-52.9%). Net result +92.7k NOK → -438.9k NOK. Equity -896.5k NOK → -1.34m 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; cogs fell. 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 2.87m NOK → 2.66m NOK (15% → 29% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 19.25m NOK to 9.07m NOK (-52.9% YoY). Calculated
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↓
Operating result weakened
Operating result +142.6k NOK → -397.9k NOK (op. margin 0.7% → -4.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 92.7k NOK profit to a loss of 438.9k NOK. Calculated
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↓
Equity eroded
Book equity -896.5k NOK → -1.34m NOK (equity ratio -18.0% → -60.5%). Calculated
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↓
Cash fell
Bank deposits 130.6k NOK → 6 266 NOK (-95.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -60.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 15.11m NOK → 5.62m NOK (-62.8% YoY). Calculated