Org.nr 893 159 452 2017 → 2018 Year-over-year analysis

4BROTHERS INVEST AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-03-26; registry 2019-04-01; journal 2019 259376

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 4BROTHERS INVEST AS. Revenue 264.2k NOK → 256.9k NOK (-2.8%). Net result +6.43m NOK → +456.5k NOK. Equity 4.52m NOK → 4.98m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4BROTHERS INVEST AS.

Scorecard

Revenue
264.2k NOK 256.9k NOK
-2.8%
Operating result
+100.6k NOK +134.2k NOK
+33.4%
Net result
+6.43m NOK +456.5k NOK
-92.9%
Equity
4.52m NOK 4.98m NOK
+10.1%
Cash
411.5k NOK 857.7k NOK
+108.4%
Total assets
6.17m NOK 6.59m NOK
+6.8%

What improved

  • ↑

    Operating result improved

    Operating result +100.6k NOK → +134.2k NOK (op. margin 38.1% → 52.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.52m NOK → 4.98m NOK (equity ratio 73.3% → 75.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 411.5k NOK → 857.7k NOK (+108.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 264.2k NOK to 256.9k NOK (-2.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +6.43m NOK → +456.5k NOK (net margin 2433.5% → 177.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 70.0k NOK → 38.3k NOK. Reported fact