4GNS TELECOM AS: årsregnskap 2016 vs 2015
Grew 33% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-07-18; journal 2017 706464
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 4GNS TELECOM AS. Revenue 200.6k NOK → 267.5k NOK (+33.3%). Net result -601.3k NOK → -481.8k NOK. Equity -640.3k NOK → -1.12m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 4GNS TELECOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 200.6k NOK to 267.5k NOK (+33.3% YoY). Calculated
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↑
Net result improved
Net result -601.3k NOK → -481.8k NOK (net margin -299.7% → -180.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -112.7k NOK → -481.1k NOK (op. margin -56.2% → -179.9%). Calculated
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↓
Equity eroded
Book equity -640.3k NOK → -1.12m NOK (equity ratio -96.3% → -288.1%). Calculated
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↓
Cash fell
Bank deposits 335.4k NOK → 6 934 NOK (-97.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -288.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 157.9k NOK → 1.15m NOK (79% → 431% of revenue). Calculated