4X4 MEDICINE AS: årsregnskap 2017 vs 2016
Shrank 6% on revenue
approved 2018-04-09; registry 2018-04-16; journal 2018 266146
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 4X4 MEDICINE AS. Revenue 923.3k NOK → 864.8k NOK (-6.3%). Net result +277.7k NOK → +228.8k NOK. Equity 686.3k NOK → 915.1k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
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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↑
Equity strengthened
Book equity 686.3k NOK → 915.1k NOK (equity ratio 76.0% → 6086.8%). Calculated
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↑
Cash rose
Bank deposits 194.5k NOK → 293.1k NOK (+50.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 923.3k NOK to 864.8k NOK (-6.3% YoY). Calculated
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↓
Operating result weakened
Operating result +374.7k NOK → +315.8k NOK (op. margin 40.6% → 36.5%). Calculated
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↓
Net result weakened
Net result +277.7k NOK → +228.8k NOK (net margin 30.1% → 26.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost -4 094 NOK → 2 338 NOK (-0% → 0% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 583.3k NOK → 639.3k NOK. Reported fact