4KNITS AS: årsregnskap 2017 vs 2016
Grew 16% on revenue
approved 2018-04-12; registry 2018-06-06; journal 2018 419540
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 4KNITS AS. Revenue 18.20m NOK → 21.05m NOK (+15.6%). Net result +390.5k NOK → +332.2k NOK. Equity 3.47m NOK → 5.11m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for 4KNITS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 18.20m NOK to 21.05m NOK (+15.6% YoY). Calculated
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↑
Equity strengthened
Book equity 3.47m NOK → 5.11m NOK (equity ratio 56.7% → 61.8%). Calculated
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↑
Cash rose
Bank deposits 597.4k NOK → 3.53m NOK (+491.7% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +390.5k NOK → +332.2k NOK (net margin 2.1% → 1.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 016 NOK → 2.82m NOK (0% → 13% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 11.48m NOK → 10.55m NOK (-8.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 12 NOK → 10.0k NOK. Reported fact