4 U MATVARER AS: årsregnskap 2016 vs 2015
Grew 19% on revenue, returned to profit, cash halved-plus
approved 2017-08-26; registry 2017-10-26; journal 2017 893007
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 4 U MATVARER AS. Revenue 5.06m NOK → 6.01m NOK (+18.7%). Net result -155.4k NOK → +248.5k NOK. Equity 108.0k NOK → 356.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4 U MATVARER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.06m NOK to 6.01m NOK (+18.7% YoY). Calculated
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↑
Operating result improved
Operating result -133.5k NOK → +332.8k NOK (op. margin -2.6% → 5.5%). Calculated
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Turned profitable
Net result flipped from a loss of 155.4k NOK to a profit of 248.5k NOK. Calculated
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Equity strengthened
Book equity 108.0k NOK → 356.5k NOK (equity ratio 12.1% → 424.2%). Calculated
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Payroll decreased
Salary cost 423.1k NOK → 508 NOK (8% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 185.6k NOK → 78.6k NOK (-57.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3.80m NOK → 4.20m NOK (+10.7% YoY). Calculated