4GNS TELECOM AS: årsregnskap 2018 vs 2017
Shrank 11% on revenue, weaker earnings
approved 2019-06-07; registry 2019-06-29; journal 2019 567536
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4GNS TELECOM AS. Revenue 3.98m NOK → 3.54m NOK (-11.0%). Net result -102.1k NOK → -789.5k NOK. Equity -1.22m NOK → -2.01m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 4GNS TELECOM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.98m NOK to 3.54m NOK (-11.0% YoY). Calculated
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↓
Operating result weakened
Operating result -100.4k NOK → -791.8k NOK (op. margin -2.5% → -22.4%). Calculated
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↓
Net result weakened
Net result -102.1k NOK → -789.5k NOK (net margin -2.6% → -22.3%). Calculated
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↓
Equity eroded
Book equity -1.22m NOK → -2.01m NOK (equity ratio -919.6% → -255.1%). Calculated
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↓
Cash fell
Bank deposits 513.3k NOK → 299.6k NOK (-41.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 494.0k NOK → 466.3k NOK (-5.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 17.3k NOK → 423 NOK. Reported fact