4 U MATVARER AS: årsregnskap 2018 vs 2017
Grew 16% on revenue, stronger earnings
approved 2019-06-30; registry 2019-08-06; journal 2019 875806
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4 U MATVARER AS. Revenue 7.61m NOK → 8.85m NOK (+16.2%). Net result +59.8k NOK → +271.1k NOK. Equity 416.3k NOK → 687.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
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 7.61m NOK to 8.85m NOK (+16.2% YoY). Calculated
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Operating result improved
Operating result +102.3k NOK → +351.5k NOK (op. margin 1.3% → 4.0%). Calculated
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Net result improved
Net result +59.8k NOK → +271.1k NOK (net margin 0.8% → 3.1%). Calculated
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Equity strengthened
Book equity 416.3k NOK → 687.4k NOK (equity ratio 52.2% → 679.6%). Calculated
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Cash rose
Bank deposits 129.3k NOK → 364.9k NOK (+182.2% YoY). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 1.99× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 964.1k NOK → 1.04m NOK (13% → 12% of revenue). Calculated
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COGS moved
COGS / varekostnad 5.55m NOK → 6.27m NOK (+12.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 3 000 NOK → 4 880 NOK. Reported fact