3D EIENDOM AS: årsregnskap 2015 vs 2014
Grew 151% on revenue, cash halved-plus
approved 2016-04-13; registry 2016-04-19; journal 2016 373275
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 3D EIENDOM AS. Revenue 132.0k NOK → 331.5k NOK (+151.1%). Equity 100.0k NOK → -24.9k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for 3D EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 132.0k NOK to 331.5k NOK (+151.1% YoY). Calculated
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↑
Operating result improved
Operating result +91.7k NOK → +228.3k NOK (op. margin 69.4% → 68.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 100.0k NOK → -24.9k NOK (equity ratio 3.2% → -0.2%). Calculated
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↓
Cash fell
Bank deposits 1.30m NOK → 127.8k NOK (-90.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.76× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.30m NOK → 127.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation