4 U MATVARER AS: årsregnskap 2017 vs 2016
Grew 27% on revenue, weaker earnings
approved 2018-06-30; registry 2018-07-23; journal 2018 750085
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 4 U MATVARER AS. Revenue 6.01m NOK → 7.61m NOK (+26.7%). Net result +248.5k NOK → +59.8k NOK. Equity 356.5k NOK → 416.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. 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 6.01m NOK to 7.61m NOK (+26.7% YoY). Calculated
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↑
Equity strengthened
Book equity 356.5k NOK → 416.3k NOK (equity ratio 424.2% → 52.2%). Calculated
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↑
Cash rose
Bank deposits 78.6k NOK → 129.3k NOK (+64.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.06× → 1.99×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +332.8k NOK → +102.3k NOK (op. margin 5.5% → 1.3%). Calculated
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↓
Net result weakened
Net result +248.5k NOK → +59.8k NOK (net margin 4.1% → 0.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 508 NOK → 964.1k NOK (0% → 13% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.20m NOK → 5.55m NOK (+32.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5 400 NOK → 3 000 NOK. Reported fact