3D MOTION TECHNOLOGIES AS: årsregnskap 2016 vs 2015
Grew 88% on revenue
approved 2017-06-27; registry 2017-06-29; journal 2017 565365
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3D MOTION TECHNOLOGIES AS. Revenue 80.0k NOK → 150.0k NOK (+87.5%). Net result +5 NOK → +5 NOK. Equity 316.9k NOK → -101.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 3D MOTION TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 80.0k NOK to 150.0k NOK (+87.5% YoY). Calculated
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↑
Cash rose
Bank deposits 335.9k NOK → 400.1k NOK (+19.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 316.9k NOK → -101.5k NOK (equity ratio 94.1% → -25.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 16.79× → 0.80× — 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 -25.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 7 NOK → 7.50m NOK (0% → 5001% of revenue). Calculated