4S LIGHTING AS: årsregnskap 2018 vs 2017
Shrank 88% on revenue, slipped into loss, cash halved-plus
approved 2019-06-26; registry 2019-07-09; journal 2019 642679
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4S LIGHTING AS. Revenue 930.8k NOK → 108.9k NOK (-88.3%). Net result +804.7k NOK → -105.4k NOK. Equity -1.19m NOK → -1.29m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4S LIGHTING AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 930.8k NOK to 108.9k NOK (-88.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +826.0k NOK → -89.8k NOK (op. margin 88.7% → -82.4%). Calculated
-
↓
Fell into a net loss
Net result flipped from 804.7k NOK profit to a loss of 105.4k NOK. Calculated
-
↓
Equity eroded
Book equity -1.19m NOK → -1.29m NOK (equity ratio -488.0% → 92280.3%). Calculated
-
↓
Cash fell
Bank deposits 12 NOK → -102.2k NOK (-851666.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 85.0k NOK → 2 500 NOK (-97.1% YoY). Calculated