4X4 MEDICINE AS: årsregnskap 2016 vs 2015
Grew 6% on revenue, cash halved-plus
approved 2017-05-31; registry 2017-06-24; journal 2017 518979
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 4X4 MEDICINE AS. Revenue 870.7k NOK → 923.3k NOK (+6.0%). Equity 402.6k NOK → 686.3k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4X4 MEDICINE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 870.7k NOK to 923.3k NOK (+6.0% YoY). Calculated
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↑
Equity strengthened
Book equity 402.6k NOK → 686.3k NOK (equity ratio 44.6% → 76.0%). Calculated
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↑
Payroll decreased
Salary cost 4 095 NOK → -4 094 NOK (0% → -0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 528.8k NOK → 194.5k NOK (-63.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 166.6k NOK → 583.3k NOK. Reported fact