3T SENIOR NORGE AS: årsregnskap 2016 vs 2015
Grew 86% on revenue
approved 2017-06-30; registry 2017-09-28; journal 2017 889588
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 3T SENIOR NORGE AS. Revenue 520.4k NOK → 966.9k NOK (+85.8%). Net result -300.7k NOK → -342.8k NOK. Equity -512.2k NOK → -855.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 3T SENIOR NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 520.4k NOK to 966.9k NOK (+85.8% YoY). Calculated
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↑
Cash rose
Bank deposits 380.4k NOK → 389.8k NOK (+2.5% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -300.7k NOK → -342.8k NOK (net margin -57.8% → -35.5%). Calculated
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↓
Equity eroded
Book equity -512.2k NOK → -855.1k NOK (equity ratio -64.2% → -121.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -121.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 277 NOK → 367.9k NOK (0% → 38% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 183.9k NOK → 325.5k NOK (+77.0% YoY). Calculated