4343 PICTURES AS: årsregnskap 2018 vs 2017
Shrank 63% on revenue
approved 2019-05-31; registry 2019-06-03; journal 2019 472445
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4343 PICTURES AS. Revenue 2.65m NOK → 972.3k NOK (-63.3%). Equity 449.0k NOK → 12.37m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4343 PICTURES AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 449.0k NOK → 12.37m NOK (equity ratio 33.6% → 2176.4%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.15× → 2.65×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.65m NOK to 972.3k NOK (-63.3% YoY). Calculated
-
↓
Cash fell
Bank deposits 136.7k NOK → 129.2k NOK (-5.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 731.2k NOK → 202.9k NOK (-72.2% YoY). Calculated