Org.nr 917 719 993 2018 → 2019 Year-over-year analysis

4SERVICE EIR RENHOLD AS: årsregnskap 2019 vs 2018

Grew 13% on revenue, cash halved-plus

approved 2019-12-31; registry 2020-09-12; journal 2020 796583

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 4SERVICE EIR RENHOLD AS. Revenue 402.96m NOK → 454.21m NOK (+12.7%). Equity 36.25m NOK → 35.68m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

402.96m NOK 454.21m NOK

+12.7%

Operating result

n/m +41.00m NOK

—

Net result

n/m +32.79m NOK

—

Equity

36.25m NOK 35.68m NOK

-1.6%

Cash

175.3k NOK 5 085 NOK

-97.1%

Total assets

158.45m NOK 226.58m NOK

+43.0%

↑
Revenue rose

Operating income / revenue moved from 402.96m NOK to 454.21m NOK (+12.7% YoY). Calculated

↓
Equity eroded

Book equity 36.25m NOK → 35.68m NOK (equity ratio 22.9% → 15.7%). Calculated
↓
Cash fell

Bank deposits 175.3k NOK → 5 085 NOK (-97.1% YoY). Calculated

·
Payroll increased

Salary cost 2.30bn NOK → 3.34bn NOK (571% → 735% of revenue). Calculated
·
COGS moved

COGS / varekostnad 31.90m NOK → 35.52m NOK (+11.3% YoY). Calculated