4.FARM AS: årsregnskap 2021 vs 2020
Shrank 23% on revenue, slipped into loss
approved 2022-05-18; registry 2022-05-30; journal 2022 358488
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4.FARM AS. Revenue 210.0k NOK → 162.5k NOK (-22.6%). Net result +1 945 NOK → -179.7k NOK. Equity 26.4k NOK → -153.3k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4.FARM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 92.5k NOK → 171.8k NOK (+85.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 210.0k NOK to 162.5k NOK (-22.6% YoY). Calculated
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↓
Operating result weakened
Operating result +1 944 NOK → -175.8k NOK (op. margin 0.9% → -108.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 1 945 NOK profit to a loss of 179.7k NOK. Calculated
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↓
Equity eroded
Book equity 26.4k NOK → -153.3k NOK (equity ratio 16.3% → -81.8%). Calculated
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↓
COGS moved
COGS / varekostnad 60.1k NOK → 308.0k NOK (+412.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -81.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation