Org.nr 913 550 749 2018 → 2019 Year-over-year analysis

4CASTGROUP AS: årsregnskap 2019 vs 2018

Grew 604% on revenue, stronger earnings

approved 2020-04-15; registry 2020-05-30; journal 2020 379154

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 4CASTGROUP AS. Revenue 11.70m NOK → 82.38m NOK (+604.4%). Net result +3.39m NOK → +4.79m NOK.

On the constructive side: revenue rose; net result improved; cash rose.

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

At a glance

Revenue

11.70m NOK 82.38m NOK

+604.4%

Operating result

n/m -3.46m NOK

—

Net result

+3.39m NOK +4.79m NOK

+41.2%

Equity

28.35m NOK n/m

—

Cash

248.5k NOK 2.37m NOK

+853.0%

Total assets

47.35m NOK 45.93m NOK

-3.0%

↑
Revenue rose

Operating income / revenue moved from 11.70m NOK to 82.38m NOK (+604.4% YoY). Calculated
↑
Net result improved

Net result +3.39m NOK → +4.79m NOK (net margin 29.0% → 5.8%). Calculated
↑
Cash rose

Bank deposits 248.5k NOK → 2.37m NOK (+853.0% YoY). Calculated

·
COGS moved

COGS / varekostnad 3 101 NOK → 4.54m NOK (+146149.0% YoY). Calculated
·
Book investments changed

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