4HUMAN INVEST AS: årsregnskap 2017 vs 2016
Grew 13% on revenue, cash halved-plus
approved 2018-06-22; registry 2018-06-28; journal 2018 570618
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 4HUMAN INVEST AS. Revenue 71.51m NOK → 80.75m NOK (+12.9%). Equity 36.23m NOK → 36.40m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for 4HUMAN INVEST AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 71.51m NOK to 80.75m NOK (+12.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 36.23m NOK → 36.40m NOK (equity ratio 92.1% → 93.1%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 1.60m NOK → 18.9k NOK (-98.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.04× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.60m NOK → 18.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 20.31m NOK → 16.24m NOK (-20.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 2 098 NOK → 38.68m NOK. Reported fact