3D VERIFIER AS: årsregnskap 2016 vs 2015
Shrank 74% on revenue, returned to profit
approved 2017-05-20; registry 2017-06-21; journal 2017 501389
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3D VERIFIER AS. Revenue 4.97m NOK → 1.31m NOK (-73.6%). Net result -315.5k NOK → +2 016 NOK. Equity 792.9k NOK → 657.0k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3D VERIFIER AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -314.1k NOK → -135.5k NOK (op. margin -6.3% → -10.3%). Calculated
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Turned profitable
Net result flipped from a loss of 315.5k NOK to a profit of 2 016 NOK. Calculated
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Cash rose
Bank deposits 21.8k NOK → 485.1k NOK (+2128.2% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.97m NOK to 1.31m NOK (-73.6% YoY). Calculated
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↓
Equity eroded
Book equity 792.9k NOK → 657.0k NOK (equity ratio 50.1% → 73.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.32m NOK → 4.39m NOK (47% → 335% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.36m NOK → 337.8k NOK (-75.2% YoY). Calculated