4HOME AS: årsregnskap 2018 vs 2017
Grew 83% on revenue
approved 2019-05-20; registry 2019-06-26; journal 2019 540740
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4HOME AS. Revenue 877.9k NOK → 1.61m NOK (+83.1%). Equity 28.7k NOK → -43.3k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4HOME AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 877.9k NOK to 1.61m NOK (+83.1% YoY). Calculated
-
↑
Cash rose
Bank deposits -6 444 NOK → 43.1k NOK (+769.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.06m NOK → 3 NOK (121% → 0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 28.7k NOK → -43.3k NOK (equity ratio 11.7% → -14.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -14.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation