Org.nr 988 980 757 2016 → 2017 Year-over-year analysis

4CNODE INVEST AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-04-26; registry 2018-05-09; journal 2018 310274

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 4CNODE INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -13.1k NOK → -13.1k NOK. Equity -14.0k NOK → -27.1k NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4CNODE INVEST AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-11.3k NOK -15.0k NOK
-32.6%
Net result
-13.1k NOK -13.1k NOK
+0.1%
Equity
-14.0k NOK -27.1k NOK
-94.0%
Cash
25.9k NOK 11.0k NOK
-57.7%
Total assets
654.2k NOK 744.4k NOK
+13.8%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.3k NOK → -15.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -14.0k NOK → -27.1k NOK (equity ratio -2.1% → -3.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 25.9k NOK → 11.0k NOK (-57.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation