Org.nr 990 078 092 2015 → 2016 Year-over-year analysis

4TRAVEL AS: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-02-07; registry 2017-04-24; journal 2017 289141

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 4TRAVEL AS. Revenue 9.69m NOK → 9.53m NOK (-1.6%). Equity 651.0k NOK → 812.2k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4TRAVEL AS.

At a glance

Revenue

9.69m NOK 9.53m NOK

-1.6%

Equity

651.0k NOK 812.2k NOK

+24.8%

Cash

1.33m NOK 877.0k NOK

-34.3%

Total assets

479.9k NOK 1.39m NOK

+189.7%

↑
Equity strengthened

Book equity 651.0k NOK → 812.2k NOK (equity ratio 135.7% → 58.4%). Calculated
↑
Payroll decreased

Salary cost 996.2k NOK → 796.1k NOK (10% → 8% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.69m NOK to 9.53m NOK (-1.6% YoY). Calculated
↓
Cash fell

Bank deposits 1.33m NOK → 877.0k NOK (-34.3% YoY). Calculated