3P BIOTECH HOLDING AS: årsregnskap 2018 vs 2017
Returned to profit
approved 2019-05-29; registry 2019-07-23; journal 2019 771759
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3P BIOTECH HOLDING AS. Net result -8 729 NOK → +5 NOK. Equity 83.4k NOK → 51.8k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3P BIOTECH HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +8 738 NOK → +34.6k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 8 729 NOK to a profit of 5 NOK. Calculated
-
↑
Cash rose
Bank deposits 82 NOK → 3 033 NOK (+3598.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 83.4k NOK → 51.8k NOK (equity ratio 3.2% → 2.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation