3PROSJEKT AS: årsregnskap 2017 vs 2016
Grew 26% on revenue
approved 2018-06-22; registry 2018-07-03; journal 2018 615031
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3PROSJEKT AS. Revenue 140.6k NOK → 177.0k NOK (+25.9%). Equity 21.3k NOK → -81.8k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 3PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 140.6k NOK to 177.0k NOK (+25.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 21.3k NOK → -81.8k NOK (equity ratio 18.0% → -332.2%). Calculated
-
↓
Cash fell
Bank deposits 42.8k NOK → 22.3k NOK (-48.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.22× → 0.21× — 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 -332.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 76.7k NOK → 2.23m NOK (55% → 1262% of revenue). Calculated