FirmaIQ
Org.nr 911 873 974 2017 → 2018 Year-over-year analysis

4 1/2 ENTERTAINMENT AS: årsregnskap 2018 vs 2017

Returned to profit, cash halved-plus

approved 2019-06-05; registry 2019-06-24; journal 2019 515188

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 4 1/2 ENTERTAINMENT AS. Net result -366.0k NOK → +18.47m NOK. Equity 9.23m NOK → 26.88m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 4 1/2 ENTERTAINMENT AS.

At a glance

Scorecard

Operating result
-306.9k NOK -127.4k NOK
+58.5%
Net result
-366.0k NOK +18.47m NOK
+5146.8%
Equity
9.23m NOK 26.88m NOK
+191.4%
Cash
5.60m NOK 1.08m NOK
-80.8%
Total assets
34.59m NOK 52.70m NOK
+52.4%

What improved

  • ↑

    Operating result improved

    Operating result -306.9k NOK → -127.4k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 366.0k NOK to a profit of 18.47m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 9.23m NOK → 26.88m NOK (equity ratio 26.7% → 51.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.60m NOK → 1.08m NOK (-80.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.60m NOK → 1.08m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 28.98m NOK → 50.22m NOK. Reported fact