3DP MODELLING AS: årsregnskap 2014 vs 2013
Shrank 65% on revenue, cash halved-plus
approved 2015-03-11; registry 2015-07-16; journal 2015 605531
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 3DP MODELLING AS. Revenue 1.34m NOK → 472.0k NOK (-64.7%). Equity 57.3k NOK → -93.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 3DP MODELLING AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 5.59m NOK → 827.5k NOK (418% → 175% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.34m NOK to 472.0k NOK (-64.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -177.2k NOK → -235.5k NOK (op. margin -13.2% → -49.9%). Calculated
-
↓
Equity eroded
Book equity 57.3k NOK → -93.1k NOK (equity ratio 7.9% → -15.6%). Calculated
-
↓
Cash fell
Bank deposits 253.2k NOK → 113.6k NOK (-55.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -15.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 594.6k NOK → 363.2k NOK (-38.9% YoY). Calculated