Org.nr 979 896 026 2017 → 2018 Year-over-year analysis

4U HAIR BODY STYLE AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-05-21; registry 2019-06-08; journal 2019 398734

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 4U HAIR BODY STYLE AS. Revenue 1.91m NOK → 1.89m NOK (-1.3%). Net result +120.8k NOK → +52.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 4U HAIR BODY STYLE AS.

At a glance

Revenue

1.91m NOK 1.89m NOK

-1.3%

Operating result

+153.5k NOK -70.9k NOK

-146.2%

Net result

+120.8k NOK +52.3k NOK

-56.7%

Equity

n/m -195.6k NOK

—

Cash

147.32m NOK 43.0k NOK

-100.0%

Total assets

266.5k NOK 201.4k NOK

-24.4%

↓
Revenue fell

Operating income / revenue moved from 1.91m NOK to 1.89m NOK (-1.3% YoY). Calculated
↓
Operating result weakened

Operating result +153.5k NOK → -70.9k NOK (op. margin 8.0% → -3.8%). Calculated
↓
Net result weakened

Net result +120.8k NOK → +52.3k NOK (net margin 6.3% → 2.8%). Calculated
↓
Cash fell

Bank deposits 147.32m NOK → 43.0k NOK (-100.0% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (147.32m NOK → 43.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 282.5k NOK → 239.5k NOK (-15.2% YoY). Calculated