74 ENTERTAINMENT AS: årsregnskap 2016 vs 2015
Grew 103% on revenue, cash halved-plus
approved 2017-06-30; registry 2017-07-24; journal 2017 758390
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 74 ENTERTAINMENT AS. Revenue 225.0k NOK → 456.6k NOK (+103.0%). Equity -737.0k NOK → -1.41m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 74 ENTERTAINMENT AS.
At a glance
Scorecard
Revenue
225.0k NOK
456.6k NOK
+103.0%
Operating result
-873.8k NOK
n/m
—
Net result
-782.1k NOK
n/m
—
Equity
-737.0k NOK
-1.41m NOK
-91.9%
Cash
422.5k NOK
86.3k NOK
-79.6%
Total assets
1.39m NOK
2.93m NOK
+110.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 225.0k NOK to 456.6k NOK (+103.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -737.0k NOK → -1.41m NOK (equity ratio -52.9% → -48.3%). Calculated
-
↓
Cash fell
Bank deposits 422.5k NOK → 86.3k NOK (-79.6% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 78.3k NOK → 2.90m NOK (+3606.6% YoY). Calculated