Org.nr 917 762 562 2016 → 2017 Year-over-year analysis

4U & ME AS: årsregnskap 2017 vs 2016

Grew 199% on revenue

approved 2018-04-01; registry 2018-04-23; journal 2018 279035

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 4U & ME AS. Revenue 101.9k NOK → 305.0k NOK (+199.2%). Equity 29.3k NOK → 30.9k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4U & ME AS.

Scorecard

Revenue
101.9k NOK 305.0k NOK
+199.2%
Operating result
+723 NOK n/m
—
Net result
+720 NOK n/m
—
Equity
29.3k NOK 30.9k NOK
+5.4%
Cash
6 474 NOK 9 076 NOK
+40.2%
Total assets
29.8k NOK 28.1k NOK
-5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 101.9k NOK to 305.0k NOK (+199.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 29.3k NOK → 30.9k NOK (equity ratio 98.2% → 110.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 6 474 NOK → 9 076 NOK (+40.2% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 12.31× → -3.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 63.2k NOK → 1.16m NOK (62% → 380% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5 297 NOK → 50.5k NOK (+854.2% YoY). Calculated