Org.nr 981 594 339 2018 → 2019 Year-over-year analysis

4 1/2 FIKSJON AS: årsregnskap 2019 vs 2018

Grew 12104% on revenue, slipped into loss

approved 2020-09-30; registry 2020-10-13; journal 2020 930382

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 4 1/2 FIKSJON AS. Revenue 424.3k NOK → 51.78m NOK (+12103.9%). Net result +82.0k NOK → -928.6k NOK. Equity -4.31m NOK → -5.24m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 4 1/2 FIKSJON AS.

Scorecard

Revenue
424.3k NOK 51.78m NOK
+12103.9%
Operating result
+653.3k NOK +1 164 NOK
-99.8%
Net result
+82.0k NOK -928.6k NOK
-1231.7%
Equity
-4.31m NOK -5.24m NOK
-21.6%
Cash
462.0k NOK 1.00m NOK
+117.3%
Total assets
49.71m NOK 23.82m NOK
-52.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 424.3k NOK to 51.78m NOK (+12103.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 462.0k NOK → 1.00m NOK (+117.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +653.3k NOK → +1 164 NOK (op. margin 154.0% → 0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 82.0k NOK profit to a loss of 928.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -4.31m NOK → -5.24m NOK (equity ratio -8.7% → -22.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -22.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost -436.3k NOK → 35.0k NOK (-103% → 0% of revenue). Calculated