4YOU AS: årsregnskap 2018 vs 2017
Shrank 6% on revenue, slipped into loss
approved 2019-02-27; registry 2019-03-14; journal 2019 236140
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4YOU AS. Revenue 4.20m NOK → 3.97m NOK (-5.5%). Net result +63.1k NOK → -555.5k NOK. Equity 246.0k NOK → -309.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 4YOU AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.20m NOK to 3.97m NOK (-5.5% YoY). Calculated
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Operating result weakened
Operating result +85.1k NOK → -549.4k NOK (op. margin 2.0% → -13.8%). Calculated
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Fell into a net loss
Net result flipped from 63.1k NOK profit to a loss of 555.5k NOK. Calculated
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Equity eroded
Book equity 246.0k NOK → -309.5k NOK (equity ratio 25.4% → -41.9%). Calculated
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Cash fell
Bank deposits 346.6k NOK → 208.3k NOK (-39.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -41.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 553.4k NOK → 412.0k NOK (-25.6% YoY). Calculated