4 REAL AS: årsregnskap 2016 vs 2015
Grew 24% on revenue, cash halved-plus
approved 2017-05-12; registry 2017-06-01; journal 2017 378889
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 4 REAL AS. Revenue 3.10m NOK → 3.84m NOK (+23.6%). Equity 97.7k NOK → 10.14m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 4 REAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.10m NOK to 3.84m NOK (+23.6% YoY). Calculated
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↑
Equity strengthened
Book equity 97.7k NOK → 10.14m NOK (equity ratio 11.1% → 1333.8%). Calculated
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↑
Payroll decreased
Salary cost 1.80m NOK → 1 NOK (58% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 119.6k NOK → 41.4k NOK (-65.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 576.7k NOK → 74.4k NOK (-87.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 20.8k NOK → 77.8k NOK. Reported fact