3P DISTRIBUSJON AS: årsregnskap 2018 vs 2017
Returned to profit
approved 2019-05-23; registry 2019-07-24; journal 2019 778973
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3P DISTRIBUSJON AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -136.2k NOK → +24.2k NOK. Equity -964.3k NOK → -988.6k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 3P DISTRIBUSJON AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -123.6k NOK → -22.6k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 136.2k NOK to a profit of 24.2k NOK. Calculated
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↑
Cash rose
Bank deposits 1 442 NOK → 4 100 NOK (+184.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -964.3k NOK → -988.6k NOK (equity ratio -2672.2% → -4454.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4454.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 71.2k NOK → 3 830 NOK (-94.6% YoY). Calculated