4SERVICE LANDANLEGG AS: årsregnskap 2017 vs 2016
Stronger earnings, cash halved-plus
approved 2018-03-19; registry 2018-05-30; journal 2018 373522
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 4SERVICE LANDANLEGG AS. Revenue 2.12bn NOK → 2.21bn NOK (+4.3%). Net result +4.75m NOK → +8.55m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for 4SERVICE LANDANLEGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.12bn NOK to 2.21bn NOK (+4.3% YoY). Calculated
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↑
Net result improved
Net result +4.75m NOK → +8.55m NOK (net margin 0.2% → 0.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 24.38m NOK → 35.1k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (24.38m NOK → 35.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 49.90m NOK → 87.14m NOK (+74.6% YoY). Calculated