3D MEDIA AS: årsregnskap 2018 vs 2017
Shrank 70% on revenue, slipped into loss, cash halved-plus
approved 2019-04-30; registry 2019-07-31; journal 2019 864840
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3D MEDIA AS. Revenue 1.82m NOK → 540.6k NOK (-70.3%). Net result +162.6k NOK → -342.4k NOK. Equity 593.8k NOK → 251.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 3D MEDIA AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 684.4k NOK → 438.3k NOK (38% → 81% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.82m NOK to 540.6k NOK (-70.3% YoY). Calculated
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↓
Operating result weakened
Operating result +175.0k NOK → -336.5k NOK (op. margin 9.6% → -62.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 162.6k NOK profit to a loss of 342.4k NOK. Calculated
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↓
Equity eroded
Book equity 593.8k NOK → 251.5k NOK (equity ratio 76.3% → 74.9%). Calculated
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↓
Cash fell
Bank deposits 420.5k NOK → 104.5k NOK (-75.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 593.8k NOK → 251.5k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 537.3k NOK → 117.2k NOK (-78.2% YoY). Calculated