4HUMAN TQM AS: årsregnskap 2018 vs 2017
Grew 19% on revenue
approved 2019-06-14; registry 2019-07-09; journal 2019 650849
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4HUMAN TQM AS. Revenue 14.59m NOK → 17.33m NOK (+18.8%). Equity 5.42m NOK → 4.00m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for 4HUMAN TQM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.59m NOK to 17.33m NOK (+18.8% YoY). Calculated
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↑
Cash rose
Bank deposits 224.6k NOK → 499.0k NOK (+122.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.42m NOK → 4.00m NOK (equity ratio 69.6% → 41.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.22m NOK → 8.26m NOK (36% → 48% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 869.4k NOK → 277.0k NOK (-68.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 429.4k NOK → 33 NOK. Reported fact