Org.nr 915 428 452 2016 → 2017 Year-over-year analysis

4BIT GAMES AS: årsregnskap 2017 vs 2016

Shrank 64% on revenue, weaker earnings, fresh owner capital

approved 2018-05-31; registry 2018-06-09; journal 2018 448976

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 4BIT GAMES AS. Revenue 66.4k NOK → 24.0k NOK (-63.8%). Net result +42.6k NOK → +15.2k NOK. Equity 67.0k NOK → 82.2k NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
66.4k NOK 24.0k NOK
-63.8%
Operating result
+54.9k NOK +19.9k NOK
-63.7%
Net result
+42.6k NOK +15.2k NOK
-64.4%
Equity
67.0k NOK 82.2k NOK
+22.7%
Cash
89.3k NOK 87.0k NOK
-2.6%
Total assets
89.3k NOK 87.0k NOK
-2.6%

What improved

  • ↑

    Equity strengthened

    Book equity 67.0k NOK → 82.2k NOK (equity ratio 75.0% → 94.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.3k NOK → 30.0k NOK (+5 666 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 66.4k NOK to 24.0k NOK (-63.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +54.9k NOK → +19.9k NOK (op. margin 82.7% → 83.0%). Calculated

  • ↓

    Net result weakened

    Net result +42.6k NOK → +15.2k NOK (net margin 64.2% → 63.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 89.3k NOK → 87.0k NOK (-2.6% YoY). Calculated