4S LIGHTING AS: årsregnskap 2019 vs 2018
Grew 42% on revenue, stronger earnings
approved 2020-06-09; registry 2020-06-11; journal 2020 454032
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4S LIGHTING AS. Revenue 108.9k NOK → 154.3k NOK (+41.7%). Net result -105.4k NOK → -68.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4S LIGHTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 108.9k NOK to 154.3k NOK (+41.7% YoY). Calculated
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↑
Operating result improved
Operating result -89.8k NOK → -64.0k NOK (op. margin -82.4% → -41.5%). Calculated
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Net result improved
Net result -105.4k NOK → -68.6k NOK (net margin -96.8% → -44.5%). Calculated
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Cash rose
Bank deposits -102.2k NOK → 797 NOK (+100.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 6 157 NOK → 157.5k NOK (6% → 102% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 500 NOK → 214.7k NOK (+8487.3% YoY). Calculated