Org.nr 917 762 562 2017 → 2018 Year-over-year analysis

4U & ME AS: årsregnskap 2018 vs 2017

Shrank 35% on revenue

approved 2019-04-01; registry 2019-06-27; journal 2019 591543

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 4U & ME AS. Revenue 305.0k NOK → 197.2k NOK (-35.4%). Equity 30.9k NOK → 32.6k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4U & ME AS.

At a glance

Revenue

305.0k NOK 197.2k NOK

-35.4%

Operating result

n/m +2 311 NOK

—

Equity

30.9k NOK 32.6k NOK

+5.8%

Cash

9 076 NOK 5 307 NOK

-41.5%

Total assets

28.1k NOK 8 307 NOK

-70.4%

↑
Equity strengthened

Book equity 30.9k NOK → 32.6k NOK (equity ratio 110.0% → 393.0%). Calculated
↑
Payroll decreased

Salary cost 1.16m NOK → 101.7k NOK (380% → 52% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 305.0k NOK to 197.2k NOK (-35.4% YoY). Calculated
↓
Cash fell

Bank deposits 9 076 NOK → 5 307 NOK (-41.5% YoY). Calculated