Org.nr 914 620 406 2020 → 2021 Year-over-year analysis

4 1/2 FICTION AS: årsregnskap 2021 vs 2020

Grew 924% on revenue, weaker earnings

approved 2022-06-24; registry 2022-07-09; journal 2022 603501

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 4 1/2 FICTION AS. Revenue 42.5k NOK → 435.0k NOK (+923.6%). Net result +374.4k NOK → +115.2k NOK. Equity 16.78m NOK → 16.46m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4 1/2 FICTION AS.

Scorecard

Revenue
42.5k NOK 435.0k NOK
+923.6%
Operating result
-59.0k NOK +161.6k NOK
+373.8%
Net result
+374.4k NOK +115.2k NOK
-69.2%
Equity
16.78m NOK 16.46m NOK
-1.9%
Cash
372.0k NOK 234.6k NOK
-36.9%
Total assets
18.24m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.5k NOK to 435.0k NOK (+923.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -59.0k NOK → +161.6k NOK (op. margin -138.9% → 37.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 275.3k NOK → -1 884 NOK (648% → -0% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +374.4k NOK → +115.2k NOK (net margin 881.0% → 26.5%). Calculated

  • ↓

    Equity eroded

    Book equity 16.78m NOK → 16.46m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 372.0k NOK → 234.6k NOK (-36.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 13.84m NOK → 10.17m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact