Org.nr 914 759 773 2016 → 2017 Year-over-year analysis

4BYTES AS: årsregnskap 2017 vs 2016

Grew 128% on revenue, stronger earnings

approved 2018-07-20; registry 2018-08-18; journal 2018 914825

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 4BYTES AS. Revenue 32.9k NOK → 75.0k NOK (+127.9%). Net result -226.4k NOK → -37.2k NOK. Equity 128.2k NOK → 30.0k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 4BYTES AS.

Scorecard

Revenue
32.9k NOK 75.0k NOK
+127.9%
Net result
-226.4k NOK -37.2k NOK
+83.6%
Equity
128.2k NOK 30.0k NOK
-76.6%
Total assets
128.2k NOK 30.0k NOK
-76.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 32.9k NOK to 75.0k NOK (+127.9% YoY). Calculated

  • ↑

    Net result improved

    Net result -226.4k NOK → -37.2k NOK (net margin -687.8% → -49.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 128.2k NOK → 30.0k NOK (equity ratio 100.0% → 100.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 128.2k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 128.2k NOK → 30.0k NOK. Reported fact