5B PROSJEKT AS: årsregnskap 2016 vs 2015
Shrank 8% on revenue
approved 2017-06-30; registry 2017-07-20; journal 2017 743889
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 5B PROSJEKT AS. Revenue 5.82m NOK → 5.37m NOK (-7.7%). Equity 1.03m NOK → -555.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 5B PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 21.0k NOK → 82.6k NOK (+292.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.82m NOK to 5.37m NOK (-7.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +114.3k NOK → -1.67m NOK (op. margin 2.0% → -31.1%). Calculated
-
↓
Equity eroded
Book equity 1.03m NOK → -555.1k NOK (equity ratio 10.8% → -5.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.59m NOK → 1.66m NOK (27% → 31% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 3.52m NOK → 2.56m NOK (-27.2% YoY). Calculated