FirmaIQ
Org.nr 916 271 344 2018 → 2019 Year-over-year analysis

4SERVICE HOLDING AS: årsregnskap 2019 vs 2018

Grew 62% on revenue, returned to profit, cash halved-plus

approved 2019-12-31; registry 2020-09-19; journal 2020 828028

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 4SERVICE HOLDING AS. Revenue 1.35bn NOK → 2.18bn NOK (+61.5%). Net result -9.35m NOK → +1.50m NOK. Equity 411.41m NOK → 109.61m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 4SERVICE HOLDING AS.

At a glance

Scorecard

Revenue
1.35bn NOK 2.18bn NOK
+61.5%
Operating result
n/m -402.8k NOK
—
Net result
-9.35m NOK +1.50m NOK
+116.0%
Equity
411.41m NOK 109.61m NOK
-73.4%
Cash
926.1k NOK 211.3k NOK
-77.2%
Total assets
411.52m NOK 368.46m NOK
-10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.35bn NOK to 2.18bn NOK (+61.5% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 9.35m NOK to a profit of 1.50m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 411.41m NOK → 109.61m NOK (equity ratio 100.0% → 29.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 926.1k NOK → 211.3k NOK (-77.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 415.18m NOK → 118.89m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 396.56m NOK → 13.61m NOK (-96.6% YoY). Calculated