3MT COMMUNICATIONS AS: årsregnskap 2013 vs 2012
Shrank 78% on revenue
approved 2014-08-31; registry 2014-09-13; journal 2014 832542
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 3MT COMMUNICATIONS AS. Revenue 857.5k NOK → 191.6k NOK (-77.7%). Equity -50.8k NOK → -45.1k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3MT COMMUNICATIONS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -50.8k NOK → -45.1k NOK (equity ratio -8.2% → -8.3%). Calculated
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↑
Cash rose
Bank deposits 0 NOK → 267.2k NOK (None YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 857.5k NOK to 191.6k NOK (-77.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +202.5k NOK → +16.6k NOK (op. margin 23.6% → 8.7%). Calculated
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↓
Payroll up without matching revenue
Salary cost 589.0k NOK → 1.56m NOK (69% → 814% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation