4-INVENTORS AS: årsregnskap 2018 vs 2017
Shrank 42% on revenue, returned to profit
approved 2018-12-31; registry 2019-05-28; journal 2019 426854
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4-INVENTORS AS. Revenue 133.8k NOK → 77.7k NOK (-41.9%). Net result -99.9k NOK → +256.1k NOK. Equity -74.3k NOK → 181.8k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 4-INVENTORS AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 99.9k NOK to a profit of 256.1k NOK. Calculated
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↑
Equity strengthened
Book equity -74.3k NOK → 181.8k NOK (equity ratio -8.9% → 8.2%). Calculated
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↑
Cash rose
Bank deposits 22.2k NOK → 363.0k NOK (+1532.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 75.8k NOK → 0 NOK (57% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 133.8k NOK to 77.7k NOK (-41.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 39.9k NOK → 12.0k NOK (-69.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 619 NOK → 1.54m NOK. Reported fact