Org.nr 897 392 232 2018 → 2019 Year-over-year analysis

4SERVICE GRUPPEN AS: årsregnskap 2019 vs 2018

Grew 1413% on revenue, stronger earnings

approved 2019-12-31; registry 2020-09-10; journal 2020 788774

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 4SERVICE GRUPPEN AS. Revenue 3.06m NOK → 46.24m NOK (+1413.0%). Net result +1.74m NOK → +63.49m NOK. Equity 98.52m NOK → 5.16bn NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for 4SERVICE GRUPPEN AS.

Scorecard

Revenue
3.06m NOK 46.24m NOK
+1413.0%
Operating result
n/m -24.21m NOK
—
Net result
+1.74m NOK +63.49m NOK
+3540.1%
Equity
98.52m NOK 5.16bn NOK
+5139.4%
Cash
2.61m NOK 2.97m NOK
+13.9%
Total assets
595.13m NOK 1.32bn NOK
+121.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.06m NOK to 46.24m NOK (+1413.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.74m NOK → +63.49m NOK (net margin 57.1% → 137.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 98.52m NOK → 5.16bn NOK (equity ratio 16.6% → 392.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.61m NOK → 2.97m NOK (+13.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 27.48m NOK → 28.09m NOK (899% → 61% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 500.69m NOK → 1.02bn NOK. Reported fact