4MB CONSULTANTS AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-08-25; registry 2020-10-05; journal 2020 907907
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4MB CONSULTANTS AS. Revenue 754.7k NOK → 741.6k NOK (-1.7%). Net result +303.4k NOK → +265.2k NOK. Equity 3.32m NOK → 3.38m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 4MB CONSULTANTS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.32m NOK → 3.38m NOK (equity ratio 92.5% → 93.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 754.7k NOK to 741.6k NOK (-1.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +343.7k NOK → +302.0k NOK (op. margin 45.5% → 40.7%). Calculated
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↓
Net result weakened
Net result +303.4k NOK → +265.2k NOK (net margin 40.2% → 35.8%). Calculated
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↓
Cash fell
Bank deposits 785.8k NOK → 347.3k NOK (-55.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 170.9k NOK → 178.8k NOK (23% → 24% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 434.0k NOK → 234.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 432.1k NOK → 592.1k NOK. Reported fact