Org.nr 989 298 291 2016 → 2017 Year-over-year analysis

4HUMAN QM365 AS: årsregnskap 2017 vs 2016

Grew 28% on revenue, stronger earnings

approved 2018-06-13; registry 2018-06-21; journal 2018 524156

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 4HUMAN QM365 AS. Revenue 8.31m NOK → 10.61m NOK (+27.8%). Net result +1.39m NOK → +2.97m NOK. Equity 2.64m NOK → 3.51m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 4HUMAN QM365 AS.

Scorecard

Revenue
8.31m NOK 10.61m NOK
+27.8%
Net result
+1.39m NOK +2.97m NOK
+114.4%
Equity
2.64m NOK 3.51m NOK
+32.9%
Cash
424.7k NOK 590.6k NOK
+39.1%
Total assets
8.60m NOK 11.51m NOK
+33.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.31m NOK to 10.61m NOK (+27.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.39m NOK → +2.97m NOK (net margin 16.7% → 28.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.64m NOK → 3.51m NOK (equity ratio 30.8% → 30.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 424.7k NOK → 590.6k NOK (+39.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.31m NOK → 4.51m NOK (52% → 42% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 49.4k NOK → 230.7k NOK (+366.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 279.3k NOK → 280.3k NOK. Reported fact