3T PRODUKTER AS: årsregnskap 2016 vs 2015
Shrank 100% on revenue
approved 2017-07-07; registry 2017-08-10; journal 2017 844994
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3T PRODUKTER AS. Revenue 43.10m NOK → 13 NOK (-100.0%). Equity 0 NOK → 5.09m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; cogs moved.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 3T PRODUKTER AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 0 NOK → 5.09m NOK. Calculated
-
↑
Cash rose
Bank deposits 733 NOK → 20.6k NOK (+2716.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.78× → 437.47×. Calculated
-
↑
Payroll decreased
Salary cost 15.33m NOK → 10 NOK (36% → 77% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 43.10m NOK to 13 NOK (-100.0% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 575 NOK → 6 892 NOK (+1098.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 383 NOK → 37.5k NOK. Reported fact