10X CAPITAL AS: årsregnskap 2021 vs 2020
Shrank 86% on revenue, weaker earnings
approved 2021-12-31; registry 2022-04-23; journal 2022 216887
Summary
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.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -15.0k NOK → -13.9k NOK (equity ratio -421.4% → -121.7%). Calculated
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↑
Cash rose
Bank deposits 3 556 NOK → 11.4k NOK (+220.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 55.3k NOK to 8 000 NOK (-85.5% YoY). Calculated
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↓
Operating result weakened
Operating result +14.5k NOK → +1 105 NOK (op. margin 26.2% → 13.8%). Calculated
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↓
Net result weakened
Net result +14.5k NOK → +1 097 NOK (net margin 26.2% → 13.7%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 28.1k NOK (0% → 351% of revenue). Calculated