4700 INVEST AS: årsregnskap 2017 vs 2016
Grew 500% on revenue, weaker earnings, cash halved-plus
approved 2018-05-28; registry 2018-06-05; journal 2018 407965
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 4700 INVEST AS. Revenue 10.0k NOK → 60.0k NOK (+500.0%). Net result -25.2k NOK → -42.4k NOK. Equity 193.0k NOK → 49.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4700 INVEST AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 10.0k NOK to 60.0k NOK (+500.0% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +5 500 NOK → -4 026 NOK (op. margin 55.0% → -6.7%). Calculated
-
↓
Net result weakened
Net result -25.2k NOK → -42.4k NOK (net margin -252.4% → -70.6%). Calculated
-
↓
Equity eroded
Book equity 193.0k NOK → 49.5k NOK (equity ratio 45.9% → 21.2%). Calculated
-
↓
Cash fell
Bank deposits 25.3k NOK → 2 021 NOK (-92.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.97× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1 200 NOK → 1.20m NOK. Reported fact