4 POTER AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-06-30; registry 2019-07-17; journal 2019 734959
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4 POTER AS. Revenue 2.97m NOK → 3.00m NOK (+0.9%). Net result +101.2k NOK → +150.1k NOK. Equity 886.6k NOK → 36.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 4 POTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.97m NOK to 3.00m NOK (+0.9% YoY). Calculated
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↑
Operating result improved
Operating result +133.8k NOK → +196.2k NOK (op. margin 4.5% → 6.5%). Calculated
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↑
Net result improved
Net result +101.2k NOK → +150.1k NOK (net margin 3.4% → 5.0%). Calculated
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↑
Cash rose
Bank deposits 777.6k NOK → 991.5k NOK (+27.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 886.6k NOK → 36.8k NOK (equity ratio 69.8% → 2.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 1.69m NOK → 1.63m NOK (-3.2% YoY). Calculated