4 1/2 FILM AS: årsregnskap 2019 vs 2018
Grew 14% on revenue, weaker earnings, cash halved-plus
approved 2020-07-17; registry 2020-10-12; journal 2020 928990
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4 1/2 FILM AS. Revenue 3.04m NOK → 3.46m NOK (+13.8%). Net result +288.1k NOK → +93.7k NOK. Equity 187.7k NOK → 281.4k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.04m NOK to 3.46m NOK (+13.8% YoY). Calculated
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↑
Equity strengthened
Book equity 187.7k NOK → 281.4k NOK (equity ratio 3.5% → 8.3%). Calculated
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↑
Payroll decreased
Salary cost 6.35m NOK → 1.26m NOK (209% → 37% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +220.1k NOK → +86.1k NOK (op. margin 7.2% → 2.5%). Calculated
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↓
Net result weakened
Net result +288.1k NOK → +93.7k NOK (net margin 9.5% → 2.7%). Calculated
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↓
Cash fell
Bank deposits 267.2k NOK → 123.1k NOK (-53.9% YoY). Calculated