74 PICTURES AS: årsregnskap 2017 vs 2016
Shrank 200% on revenue
approved 2018-07-30; registry 2018-08-07; journal 2018 892730
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 74 PICTURES AS. Revenue 23.0k NOK → -23.0k NOK (-200.0%). Equity -65.4k NOK → -81.8k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.06× → 2.28×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 23.0k NOK to -23.0k NOK (-200.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -15.1k NOK → -16.4k NOK (op. margin -65.6% → 71.3%). Calculated
-
↓
Equity eroded
Book equity -65.4k NOK → -81.8k NOK (equity ratio -329.4% → -39.4%). Calculated
-
↓
Cash fell
Bank deposits 3 518 NOK → 1 774 NOK (-49.6% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 56 NOK → 9 840 NOK. Calculated