3D-ELEKTRONIKK AS: årsregnskap 2017 vs 2016
Stronger earnings
approved 2018-06-20; registry 2018-07-10; journal 2018 653110
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3D-ELEKTRONIKK AS. Revenue 14.77m NOK → 14.40m NOK (-2.5%). Net result +195.6k NOK → +380.4k NOK. Equity 2.60m NOK → 2.98m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3D-ELEKTRONIKK AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +402.5k NOK → +783.8k NOK (op. margin 2.7% → 5.4%). Calculated
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Net result improved
Net result +195.6k NOK → +380.4k NOK (net margin 1.3% → 2.6%). Calculated
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Equity strengthened
Book equity 2.60m NOK → 2.98m NOK (equity ratio 28.1% → 34.5%). Calculated
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Payroll decreased
Salary cost 3.77m NOK → 3.40m NOK (26% → 24% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.77m NOK to 14.40m NOK (-2.5% YoY). Calculated
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↓
Cash fell
Bank deposits 2.10m NOK → 1.87m NOK (-11.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.09× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 9.03m NOK → 8.79m NOK (-2.6% YoY). Calculated