4 1/2 FIKSJON AS: årsregnskap 2017 vs 2016
Shrank 96% on revenue, returned to profit
approved 2018-05-31; registry 2018-07-23; journal 2018 752511
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 4 1/2 FIKSJON AS. Revenue 51.18m NOK → 2.11m NOK (-95.9%). Net result -235.2k NOK → +20.2k NOK. Equity -4.77m NOK → -4.79m NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 1/2 FIKSJON AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -163.6k NOK → -47.6k NOK (op. margin -0.3% → -2.3%). Calculated
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Turned profitable
Net result flipped from a loss of 235.2k NOK to a profit of 20.2k NOK. Calculated
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Cash rose
Bank deposits 470.4k NOK → 574.0k NOK (+22.0% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 51.18m NOK to 2.11m NOK (-95.9% YoY). Calculated
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Equity eroded
Book equity -4.77m NOK → -4.79m NOK (equity ratio -33.5% → -34.8%). Calculated
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COGS moved
COGS / varekostnad 4 NOK → 4.86m NOK (+121442600.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -34.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation