3D PERCEPTION AS: årsregnskap 2013 vs 2012
Shrank 22% on revenue, cash halved-plus
approved 2014-06-27; registry 2014-07-02; journal 2014 532767
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 3D PERCEPTION AS. Revenue 30.41m NOK → 23.63m NOK (-22.3%). Equity 624.7k NOK → -5.84m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 3D PERCEPTION AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 12.22m NOK → 10.82m NOK (40% → 46% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 30.41m NOK to 23.63m NOK (-22.3% YoY). Calculated
-
↓
Equity eroded
Book equity 624.7k NOK → -5.84m NOK (equity ratio 2.0% → -26.7%). Calculated
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↓
Cash fell
Bank deposits 6.21m NOK → 1.44m NOK (-76.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.38× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 8.91m NOK → 9.76m NOK (+9.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -26.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.21m NOK → 1.44m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 4.37m NOK → 8.57m NOK. Reported fact