Org.nr 916 346 913 2016 → 2017 Year-over-year analysis

3DIGIT, MEASURE & POSITION AS: årsregnskap 2017 vs 2016

Stronger earnings, cash halved-plus

approved 2018-06-15; registry 2018-08-07; journal 2018 892892

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3DIGIT, MEASURE & POSITION AS. Net result -31.3k NOK → -3 916 NOK. Equity -16.4k NOK → -20.3k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

50.0k NOK n/m

—

Operating result

-31.2k NOK -3 919 NOK

+87.4%

Net result

-31.3k NOK -3 916 NOK

+87.5%

Equity

-16.4k NOK -20.3k NOK

-23.9%

Cash

6 816 NOK 3 022 NOK

-55.7%

Total assets

7 102 NOK 3 309 NOK

-53.4%

↑
Operating result improved

Operating result -31.2k NOK → -3 919 NOK. Calculated
↑
Net result improved

Net result -31.3k NOK → -3 916 NOK. Calculated

↓
Equity eroded

Book equity -16.4k NOK → -20.3k NOK (equity ratio -230.3% → -612.7%). Calculated
↓
Cash fell

Bank deposits 6 816 NOK → 3 022 NOK (-55.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -612.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation