5B PROSJEKT AS: årsregnskap 2017 vs 2016
Shrank 51% on revenue, cash halved-plus, fresh owner capital
approved 2018-06-29; registry 2018-07-17; journal 2018 701916
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 5B PROSJEKT AS. Revenue 5.37m NOK → 2.61m NOK (-51.3%). Equity -555.1k NOK → -560.4k NOK.
On the constructive side: operating result improved; owners injected capital; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 5B PROSJEKT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -1.67m NOK → +111.3k NOK (op. margin -31.1% → 4.3%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 7 100 NOK → 100.0k NOK (+92.9k NOK). Reported fact
-
↑
Payroll decreased
Salary cost 1.66m NOK → 1.61m NOK (31% → 61% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.37m NOK to 2.61m NOK (-51.3% YoY). Calculated
-
↓
Equity eroded
Book equity -555.1k NOK → -560.4k NOK (equity ratio -5.7% → -23.8%). Calculated
-
↓
Cash fell
Bank deposits 82.6k NOK → 3 227 NOK (-96.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -23.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 2.56m NOK → 107.4k NOK (-95.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 312.0k NOK → 930 NOK. Reported fact