4IT.NO AS: årsregnskap 2019 vs 2018
Shrank 13% on revenue
approved 2020-09-30; registry 2020-10-03; journal 2020 924522
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4IT.NO AS. Revenue 14.9k NOK → 12.9k NOK (-13.1%). Equity 36.2k NOK → 35.0k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 4IT.NO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -29.5k NOK → -25.0k NOK (op. margin -198.7% → -194.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.9k NOK to 12.9k NOK (-13.1% YoY). Calculated
-
↓
Equity eroded
Book equity 36.2k NOK → 35.0k NOK (equity ratio 100.0% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 13.1k NOK → 11.5k NOK (-12.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 64.8k NOK → 60.0k NOK — check capital reduction, conversion, or reclassification. Interpretation