Org.nr 997 649 117 2018 → 2019 Year-over-year analysis

4SERVICE AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-04-07; registry 2020-09-14; journal 2020 811072

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 4SERVICE AS. Revenue 211.42m NOK → 219.09m NOK (+3.6%). Net result +2 018 NOK → +20.09m NOK. Equity 25.82m NOK → 25.94m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4SERVICE AS.

Scorecard

Revenue
211.42m NOK 219.09m NOK
+3.6%
Operating result
n/m +26.36m NOK
—
Net result
+2 018 NOK +20.09m NOK
+995252.8%
Equity
25.82m NOK 25.94m NOK
+0.5%
Cash
251.0k NOK 990.4k NOK
+294.6%
Total assets
91 NOK 125.27m NOK
+137657250.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 211.42m NOK to 219.09m NOK (+3.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +2 018 NOK → +20.09m NOK (net margin 0.0% → 9.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 25.82m NOK → 25.94m NOK (equity ratio 28368480.2% → 20.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 251.0k NOK → 990.4k NOK (+294.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 79.19m NOK → 3.10bn NOK (37% → 1416% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 79.36m NOK → 81.08m NOK (+2.2% YoY). Calculated