4 1/2 ENTERTAINMENT AS: årsregnskap 2021 vs 2020
Grew 78965% on revenue, slipped into loss, cash halved-plus
approved 2022-06-26; registry 2022-07-09; journal 2022 603467
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4 1/2 ENTERTAINMENT AS. Revenue 1 252 NOK → 989.9k NOK (+78965.5%). Net result +2.05m NOK → -439.7k NOK. Equity 2.11m NOK → 1.67m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4 1/2 ENTERTAINMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 252 NOK to 989.9k NOK (+78965.5% YoY). Calculated
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↑
Operating result improved
Operating result -169.5k NOK → -161.6k NOK (op. margin -13541.2% → -16.3%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 2.05m NOK profit to a loss of 439.7k NOK. Calculated
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↓
Equity eroded
Book equity 2.11m NOK → 1.67m NOK (equity ratio 9.7% → 8.2%). Calculated
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↓
Cash fell
Bank deposits 85.7k NOK → 25.6k NOK (-70.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 NOK → 758.2k NOK (0% → 77% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 0. Reported fact