4P EIENDOM AS: årsregnskap 2016 vs 2015
Grew 106% on revenue, weaker earnings
approved 2017-03-31; registry 2017-04-29; journal 2017 300261
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 4P EIENDOM AS. Revenue 384 NOK → 791 NOK (+106.0%). Net result +3.01m NOK → +114.7k NOK. Equity 748.3k NOK → 262.9k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for 4P EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 384 NOK to 791 NOK (+106.0% YoY). Calculated
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↑
Operating result improved
Operating result +256.9k NOK → +572.6k NOK (op. margin 66901.0% → 72386.9%). Calculated
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↑
Cash rose
Bank deposits 30.3k NOK → 65.0k NOK (+114.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 2.20×. Calculated
What deteriorated
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↓
Net result weakened
Net result +3.01m NOK → +114.7k NOK (net margin 784252.6% → 14494.7%). Calculated
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↓
Equity eroded
Book equity 748.3k NOK → 262.9k NOK (equity ratio 6.5% → 1.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 800.0k NOK → 200.0k NOK — check capital reduction, conversion, or reclassification. Interpretation