FirmaIQ
Org.nr 913 550 749 2017 → 2018 Year-over-year analysis

4CASTGROUP AS: årsregnskap 2018 vs 2017

Grew 308% on revenue, cash halved-plus, fresh owner capital

approved 2019-06-20; registry 2019-07-03; journal 2019 598850

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 4CASTGROUP AS. Revenue 2.86m NOK → 11.70m NOK (+308.5%). Net result +2.86m NOK → +3.39m NOK. Equity 22.02m NOK → 28.35m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4CASTGROUP AS.

At a glance

Scorecard

Revenue
2.86m NOK 11.70m NOK
+308.5%
Net result
+2.86m NOK +3.39m NOK
+18.6%
Equity
22.02m NOK 28.35m NOK
+28.7%
Cash
500.0k NOK 248.5k NOK
-50.3%
Total assets
24.17m NOK 47.35m NOK
+95.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.86m NOK to 11.70m NOK (+308.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.86m NOK → +3.39m NOK (net margin 100.0% → 29.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 22.02m NOK → 28.35m NOK (equity ratio 91.1% → 59.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 19.40m NOK → 24.56m NOK (+5.16m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 17.8k NOK → 2 853 NOK (1% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 500.0k NOK → 248.5k NOK (-50.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7 793 NOK → 12.68m NOK. Reported fact