4FF EIENDOM AS: årsregnskap 2019 vs 2018
Grew 5750% on revenue, weaker earnings
approved 2020-08-31; registry 2020-09-19; journal 2020 836722
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4FF EIENDOM AS. Revenue 40.4k NOK → 2.37m NOK (+5750.1%). Net result -7 473 NOK → -1.19m NOK. Equity -6.68m NOK → -7.87m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 4FF EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 40.4k NOK to 2.37m NOK (+5750.1% YoY). Calculated
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↑
Operating result improved
Operating result -7.18m NOK → -504.0k NOK (op. margin -17748.5% → -21.3%). Calculated
What deteriorated
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↓
Net result weakened
Net result -7 473 NOK → -1.19m NOK (net margin -18.5% → -50.5%). Calculated
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↓
Equity eroded
Book equity -6.68m NOK → -7.87m NOK (equity ratio -14.5% → -15.6%). Calculated
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↓
Cash fell
Bank deposits 864.0k NOK → 860.2k NOK (-0.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -15.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 0 NOK → 92.7k NOK (0% → 4% of revenue). Calculated