Org.nr 989 149 202 2020 → 2021 Year-over-year analysis

10X CAPITAL AS: årsregnskap 2021 vs 2020

Shrank 86% on revenue, weaker earnings

approved 2021-12-31; registry 2022-04-23; journal 2022 216887

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 10X CAPITAL AS. Revenue 55.3k NOK → 8 000 NOK (-85.5%). Net result +14.5k NOK → +1 097 NOK. Equity -15.0k NOK → -13.9k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
55.3k NOK 8 000 NOK
-85.5%
Operating result
+14.5k NOK +1 105 NOK
-92.4%
Net result
+14.5k NOK +1 097 NOK
-92.4%
Equity
-15.0k NOK -13.9k NOK
+7.3%
Cash
3 556 NOK 11.4k NOK
+220.8%
Total assets
3 556 NOK 11.4k NOK
+220.8%

What improved

  • ↑

    Equity strengthened

    Book equity -15.0k NOK → -13.9k NOK (equity ratio -421.4% → -121.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 3 556 NOK → 11.4k NOK (+220.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 55.3k NOK to 8 000 NOK (-85.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +14.5k NOK → +1 105 NOK (op. margin 26.2% → 13.8%). Calculated

  • ↓

    Net result weakened

    Net result +14.5k NOK → +1 097 NOK (net margin 26.2% → 13.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 NOK → 28.1k NOK (0% → 351% of revenue). Calculated