FirmaIQ
Org.nr 998 501 458 2016 → 2017 Year-over-year analysis

4C INVESTMENT AS: årsregnskap 2017 vs 2016

Shrank 57% on revenue, weaker earnings, cash halved-plus

approved 2018-03-14; registry 2018-03-24; journal 2018 243351

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 4C INVESTMENT AS. Revenue 3.87m NOK → 1.65m NOK (-57.3%). Net result +930.6k NOK → +20.2k NOK. Equity 4.78m NOK → 4.55m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 4C INVESTMENT AS.

At a glance

Scorecard

Revenue
3.87m NOK 1.65m NOK
-57.3%
Operating result
+1.19m NOK +13.2k NOK
-98.9%
Net result
+930.6k NOK +20.2k NOK
-97.8%
Equity
4.78m NOK 4.55m NOK
-4.8%
Cash
4.48m NOK 1.58m NOK
-64.7%
Total assets
5.95m NOK 5.17m NOK
-13.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 770.7k NOK → 503.8k NOK (20% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.87m NOK to 1.65m NOK (-57.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.19m NOK → +13.2k NOK (op. margin 30.9% → 0.8%). Calculated

  • ↓

    Net result weakened

    Net result +930.6k NOK → +20.2k NOK (net margin 24.1% → 1.2%). Calculated

  • ↓

    Equity eroded

    Book equity 4.78m NOK → 4.55m NOK (equity ratio 80.3% → 87.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.48m NOK → 1.58m NOK (-64.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.48m NOK → 1.58m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 936.3k NOK → 539.2k NOK (-42.4% YoY). Calculated