3T MELHUS AS: årsregnskap 2017 vs 2016
Shrank 33% on revenue, cash halved-plus, fresh owner capital
approved 2018-06-30; registry 2018-08-01; journal 2018 836111
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3T MELHUS AS. Revenue 730.6k NOK → 491.2k NOK (-32.8%). Equity -10.89m NOK → 11.05m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3T MELHUS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -10.89m NOK → 11.05m NOK (equity ratio -1397.3% → 70.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.07× → 3.07×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 8.16m NOK (+8.13m NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 730.6k NOK to 491.2k NOK (-32.8% YoY). Calculated
-
↓
Cash fell
Bank deposits 601.5k NOK → 101.3k NOK (-83.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.13m NOK → 2.12m NOK (155% → 431% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 157.8k NOK → 115.9k NOK (-26.5% YoY). Calculated