Org.nr 916 346 913 2015 → 2016 Year-over-year analysis

3DIGIT, MEASURE & POSITION AS: årsregnskap 2016 vs 2015

Weaker earnings, cash halved-plus

approved 2017-06-20; registry 2017-08-05; journal 2017 833712

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 3DIGIT, MEASURE & POSITION AS. Net result -7 510 NOK → -31.3k NOK. Equity 15.0k NOK → -16.4k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3DIGIT, MEASURE & POSITION AS.

At a glance

Revenue

n/m 50.0k NOK

—

Operating result

-7 513 NOK -31.2k NOK

-315.3%

Net result

-7 510 NOK -31.3k NOK

-317.2%

Equity

15.0k NOK -16.4k NOK

-209.2%

Cash

30.0k NOK 6 816 NOK

-77.3%

Total assets

80.0k NOK 7 102 NOK

-91.1%

↓
Operating result weakened

Operating result -7 513 NOK → -31.2k NOK. Calculated
↓
Net result weakened

Net result -7 510 NOK → -31.3k NOK. Calculated
↓
Equity eroded

Book equity 15.0k NOK → -16.4k NOK (equity ratio 18.7% → -230.3%). Calculated
↓
Cash fell

Bank deposits 30.0k NOK → 6 816 NOK (-77.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.23× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -230.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation