4YOU AS: årsregnskap 2019 vs 2018
Shrank 34% on revenue, returned to profit
approved 2020-03-02; registry 2020-05-05; journal 2020 329048
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4YOU AS. Revenue 3.97m NOK → 2.62m NOK (-33.9%). Net result -555.5k NOK → +208.1k NOK. Equity -309.5k NOK → -55.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 4YOU AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -549.4k NOK → +197.0k NOK (op. margin -13.8% → 7.5%). Calculated
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Turned profitable
Net result flipped from a loss of 555.5k NOK to a profit of 208.1k NOK. Calculated
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Equity strengthened
Book equity -309.5k NOK → -55.4k NOK (equity ratio -41.9% → -7.3%). Calculated
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Cash rose
Bank deposits 208.3k NOK → 516.6k NOK (+148.0% YoY). Calculated
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Payroll decreased
Salary cost 3.41m NOK → 1.83m NOK (86% → 70% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.97m NOK to 2.62m NOK (-33.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 14.30× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 140.0k NOK → 186 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 412.0k NOK → 98.2k NOK (-76.2% YoY). Calculated