4 1/2 FILM AS: årsregnskap 2021 vs 2020
Shrank 84% on revenue, slipped into loss
approved 2022-05-25; registry 2022-06-02; journal 2022 400819
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4 1/2 FILM AS. Revenue 1.93m NOK → 314.4k NOK (-83.7%). Net result +54.1k NOK → -408.5k NOK. Equity 326.4k NOK → -73.0k NOK.
On the constructive side: cash rose; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4 1/2 FILM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 45.4k NOK → 52.7k NOK (+16.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 2.89m NOK → 2.90m NOK (+9 051 NOK). Reported fact
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↑
Payroll decreased
Salary cost 6.84m NOK → 1 858 NOK (354% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.93m NOK to 314.4k NOK (-83.7% YoY). Calculated
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↓
Operating result weakened
Operating result +107.3k NOK → -261.9k NOK (op. margin 5.6% → -83.3%). Calculated
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Fell into a net loss
Net result flipped from 54.1k NOK profit to a loss of 408.5k NOK. Calculated
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↓
Equity eroded
Book equity 326.4k NOK → -73.0k NOK (equity ratio 10.2% → -2.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 3 NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 2 → 0. Reported fact