Org.nr 995 372 193 2015 → 2016 Year-over-year analysis

4IT.NO AS: årsregnskap 2016 vs 2015

Grew 25746% on revenue, cash halved-plus

approved 2017-07-28; registry 2017-08-02; journal 2017 818338

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 4IT.NO AS. Revenue 1 121 NOK → 289.7k NOK (+25745.9%). Equity 100.8k NOK → 12.8k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4IT.NO AS.

Scorecard

Revenue
1 121 NOK 289.7k NOK
+25745.9%
Equity
100.8k NOK 12.8k NOK
-87.3%
Cash
110.8k NOK 3 063 NOK
-97.2%
Total assets
183.7k NOK 59.4k NOK
-67.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 121 NOK to 289.7k NOK (+25745.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 100.8k NOK → 12.8k NOK (equity ratio 54.9% → 21.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 110.8k NOK → 3 063 NOK (-97.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 639.8k NOK → 204.5k NOK (-68.0% YoY). Calculated