FirmaIQ
Org.nr 997 649 117 2019 → 2020 Year-over-year analysis

4SERVICE AS: årsregnskap 2020 vs 2019

Cash halved-plus

registry 2021-10-20; journal 2021 839348

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4SERVICE AS. Revenue 219.09m NOK → 228.18m NOK (+4.1%). Net result +20.09m NOK → +22.35m NOK. Equity 25.94m NOK → 17.01m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4SERVICE AS.

At a glance

Scorecard

Revenue
219.09m NOK 228.18m NOK
+4.1%
Operating result
+26.36m NOK +28.71m NOK
+8.9%
Net result
+20.09m NOK +22.35m NOK
+11.3%
Equity
25.94m NOK 17.01m NOK
-34.4%
Cash
990.4k NOK 13.1k NOK
-98.7%
Total assets
125.27m NOK 119.99m NOK
-4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 219.09m NOK to 228.18m NOK (+4.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +26.36m NOK → +28.71m NOK (op. margin 12.0% → 12.6%). Calculated

  • ↑

    Net result improved

    Net result +20.09m NOK → +22.35m NOK (net margin 9.2% → 9.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.10bn NOK → 94.91m NOK (1416% → 42% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 25.94m NOK → 17.01m NOK (equity ratio 20.7% → 14.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 990.4k NOK → 13.1k NOK (-98.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 81.08m NOK → 73.97m NOK (-8.8% YoY). Calculated