4SERVICE HOLDING AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-06-20; registry 2019-07-23; journal 2019 772973
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4SERVICE HOLDING AS. Revenue 0 NOK → 1.35bn NOK. Net result +34.2k NOK → -9.35m NOK. Equity 407.64m NOK → 411.41m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4SERVICE HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.35bn NOK. Calculated
-
↑
Equity strengthened
Book equity 407.64m NOK → 411.41m NOK (equity ratio 99.9% → 100.0%). Calculated
-
↑
Cash rose
Bank deposits 263.1k NOK → 926.1k NOK (+252.0% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 407.64m NOK → 415.18m NOK (+7.55m NOK). Reported fact
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 34.2k NOK profit to a loss of 9.35m NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 563835.49× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 10.35bn NOK → 396.56m NOK (-96.2% YoY). Calculated