Org.nr 915 456 375 2019 → 2020 Year-over-year analysis

4 D DESIGN AS: årsregnskap 2020 vs 2019

Shrank 57% on revenue, weaker earnings

approved 2020-12-31; registry 2021-10-02; journal 2021 768728

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4 D DESIGN AS. Revenue 18.44m NOK → 7.94m NOK (-57.0%). Net result +4.48m NOK → +2.68m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4 D DESIGN AS.

At a glance

Revenue

18.44m NOK 7.94m NOK

-57.0%

Operating result

+5.75m NOK +1.82m NOK

-68.4%

Net result

+4.48m NOK +2.68m NOK

-40.2%

Equity

n/m 7.19m NOK

—

Cash

5.25m NOK 4.25m NOK

-19.1%

Total assets

5.90m NOK 7.27m NOK

+23.2%

↑
Payroll decreased

Salary cost 3.64m NOK → 1.48m NOK (20% → 19% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 18.44m NOK to 7.94m NOK (-57.0% YoY). Calculated
↓
Operating result weakened

Operating result +5.75m NOK → +1.82m NOK (op. margin 31.2% → 22.9%). Calculated
↓
Net result weakened

Net result +4.48m NOK → +2.68m NOK (net margin 24.3% → 33.7%). Calculated
↓
Cash fell

Bank deposits 5.25m NOK → 4.25m NOK (-19.1% YoY). Calculated