4SEASONS WEDDINGS AS: årsregnskap 2019 vs 2018
Grew 325% on revenue, cash halved-plus, fresh owner capital
approved 2020-04-27; registry 2020-05-18; journal 2020 370075
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4SEASONS WEDDINGS AS. Revenue 782.3k NOK → 3.32m NOK (+324.8%). Equity 11.1k NOK → 221.8k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4SEASONS WEDDINGS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 782.3k NOK to 3.32m NOK (+324.8% YoY). Calculated
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↑
Equity strengthened
Book equity 11.1k NOK → 221.8k NOK (equity ratio 2.7% → 22.8%). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 362.3k NOK → 143.3k NOK (-60.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4 NOK → 415.9k NOK (0% → 13% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 120 NOK → 369.5k NOK (+32895.3% YoY). Calculated