FirmaIQ
Org.nr 916 271 344 2019 → 2020 Year-over-year analysis

4SERVICE HOLDING AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-29; registry 2021-10-21; journal 2021 848064

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4SERVICE HOLDING AS. Revenue 2.18bn NOK → 2.10bn NOK (-3.4%). Net result +1.50m NOK → +37.88m NOK. Equity 109.61m NOK → 109.60m NOK.

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

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

At a glance

Scorecard

Revenue
2.18bn NOK 2.10bn NOK
-3.4%
Operating result
-402.8k NOK -331.5k NOK
+17.7%
Net result
+1.50m NOK +37.88m NOK
+2431.4%
Equity
109.61m NOK 109.60m NOK
-0.0%
Cash
211.3k NOK 307.9k NOK
+45.7%
Total assets
368.46m NOK 373.19m NOK
+1.3%

What improved

  • ↑

    Operating result improved

    Operating result -402.8k NOK → -331.5k NOK (op. margin -0.0% → -0.0%). Calculated

  • ↑

    Net result improved

    Net result +1.50m NOK → +37.88m NOK (net margin 0.1% → 1.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 211.3k NOK → 307.9k NOK (+45.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.18bn NOK to 2.10bn NOK (-3.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 109.61m NOK → 109.60m NOK (equity ratio 29.7% → 29.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.61m NOK → 13.51m NOK (-0.7% YoY). Calculated