4SERVICE EIR RENHOLD AS: årsregnskap 2016 vs 2015
Grew 6% on revenue
approved 2017-03-17; registry 2017-05-04; journal 2017 305956
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 4SERVICE EIR RENHOLD AS. Revenue 139.14m NOK → 147.25m NOK (+5.8%). Equity 11.59m NOK → 9.00m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 4SERVICE EIR RENHOLD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 139.14m NOK to 147.25m NOK (+5.8% YoY). Calculated
-
↑
Cash rose
Bank deposits 38.63m NOK → 41.76m NOK (+8.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 11.59m NOK → 9.00m NOK (equity ratio 21.8% → 15.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 300.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 109.63m NOK → 2.11bn NOK (79% → 1435% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 8.88m NOK → 9.76m NOK (+9.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 2.76m NOK → 2.70m NOK. Reported fact