Org.nr 812 168 762 2018 → 2019 Year-over-year analysis

4HOME AS: årsregnskap 2019 vs 2018

Grew 41% on revenue

approved 2020-08-31; registry 2020-09-15; journal 2020 813220

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 4HOME AS. Revenue 1.61m NOK → 2.27m NOK (+41.4%). Equity -43.3k NOK → 389.6k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Revenue

1.61m NOK 2.27m NOK

+41.4%

Operating result

n/m +489.2k NOK

—

Net result

n/m +432.9k NOK

—

Equity

-43.3k NOK 389.6k NOK

+999.9%

Cash

43.1k NOK 168.8k NOK

+291.4%

Total assets

297.1k NOK 632 NOK

-99.8%

↑
Revenue rose

Operating income / revenue moved from 1.61m NOK to 2.27m NOK (+41.4% YoY). Calculated
↑
Equity strengthened

Book equity -43.3k NOK → 389.6k NOK (equity ratio -14.6% → 61650.2%). Calculated
↑
Cash rose

Bank deposits 43.1k NOK → 168.8k NOK (+291.4% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.62× → 1.84×. Calculated

·
Payroll increased

Salary cost 3 NOK → 934.5k NOK (0% → 41% of revenue). Calculated
·
COGS moved

COGS / varekostnad 13.2k NOK → 64.0k NOK (+386.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 72.0k NOK → 172.0k NOK. Reported fact