3D NORGE AS: årsregnskap 2018 vs 2017
Shrank 22% on revenue
approved 2019-06-08; registry 2019-07-25; journal 2019 820818
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3D NORGE AS. Revenue 1.16m NOK → 904.3k NOK (-22.3%). Equity 884.6k NOK → 12 NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 3D NORGE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 438.6k NOK → 554.0k NOK (+26.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.44× → 36.40×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.16m NOK to 904.3k NOK (-22.3% YoY). Calculated
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↓
Equity eroded
Book equity 884.6k NOK → 12 NOK (equity ratio 960.7% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 5 711 NOK → 0 NOK (-100.0% YoY). Calculated