4 ELEMENT AS: årsregnskap 2015 vs 2014
Grew 406613% on revenue
approved 2016-06-01; registry 2016-06-20; journal 2016 530402
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 4 ELEMENT AS. Revenue 1 356 NOK → 5.52m NOK (+406612.8%). Equity 244.3k NOK → 458.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4 ELEMENT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 356 NOK to 5.52m NOK (+406612.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 244.3k NOK → 458.6k NOK (equity ratio 29.5% → 39030.8%). Calculated
-
↑
Cash rose
Bank deposits 43.8k NOK → 560.1k NOK (+1177.6% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.43× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 15.7k NOK → 4.32m NOK (1158% → 78% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1 009 NOK → 4.43m NOK (+439371.4% YoY). Calculated