4 STORE AS: årsregnskap 2016 vs 2015
Shrank 5% on revenue, weaker earnings
approved 2017-06-07; registry 2017-06-17; journal 2017 463386
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 4 STORE AS. Revenue 13.77m NOK → 13.05m NOK (-5.2%). Net result +366.0k NOK → +214.9k NOK. Equity 1.81m NOK → 2.02m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4 STORE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.81m NOK → 2.02m NOK (equity ratio 49.1% → 53.3%). Calculated
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↑
Cash rose
Bank deposits 2.57m NOK → 3.01m NOK (+16.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 6.45m NOK → 6.14m NOK (47% → 47% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.77m NOK to 13.05m NOK (-5.2% YoY). Calculated
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↓
Operating result weakened
Operating result +488.0k NOK → +278.2k NOK (op. margin 3.5% → 2.1%). Calculated
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↓
Net result weakened
Net result +366.0k NOK → +214.9k NOK (net margin 2.7% → 1.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.97m NOK → 3.86m NOK (-2.6% YoY). Calculated