FirmaIQ
Org.nr 991 737 766 2018 → 2019 Year-over-year analysis

4 ROM INTERIØRDESIGN AS: årsregnskap 2019 vs 2018

Shrank 27% on revenue, weaker earnings

approved 2020-05-29; registry 2020-06-16; journal 2020 440587

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 4 ROM INTERIØRDESIGN AS. Revenue 1.83m NOK → 1.34m NOK (-26.8%). Net result +170.0k NOK → +83.1k NOK. Equity 498.6k NOK → 335.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4 ROM INTERIØRDESIGN AS.

At a glance

Scorecard

Revenue
1.83m NOK 1.34m NOK
-26.8%
Operating result
+169.7k NOK +82.8k NOK
-51.2%
Net result
+170.0k NOK +83.1k NOK
-51.1%
Equity
498.6k NOK 335.6k NOK
-32.7%
Cash
377.0k NOK 386.5k NOK
+2.5%
Total assets
789.9k NOK 556.5k NOK
-29.5%

What improved

  • ↑

    Cash rose

    Bank deposits 377.0k NOK → 386.5k NOK (+2.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.83m NOK to 1.34m NOK (-26.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +169.7k NOK → +82.8k NOK (op. margin 9.3% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +170.0k NOK → +83.1k NOK (net margin 9.3% → 6.2%). Calculated

  • ↓

    Equity eroded

    Book equity 498.6k NOK → 335.6k NOK (equity ratio 63.1% → 60.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.29m NOK → 1.88m NOK (70% → 140% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 359.9k NOK → 255.3k NOK (-29.1% YoY). Calculated