3P LOGISTIKK AS: årsregnskap 2017 vs 2016
Grew 57% on revenue
approved 2018-07-25; registry 2018-07-30; journal 2018 824724
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3P LOGISTIKK AS. Revenue 4.87m NOK → 7.64m NOK (+57.0%). Equity 562.1k NOK → 12 NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3P LOGISTIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.87m NOK to 7.64m NOK (+57.0% YoY). Calculated
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↑
Cash rose
Bank deposits 261.0k NOK → 744.7k NOK (+185.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 76.4k NOK → 1 NOK (2% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 562.1k NOK → 12 NOK (equity ratio 25.3% → 0.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 174.2k NOK → 387.5k NOK (+122.4% YoY). Calculated