4 STORE AS: årsregnskap 2021 vs 2020
Grew 16% on revenue, slipped into loss
approved 2022-05-30; registry 2022-06-13; journal 2022 411948
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4 STORE AS. Revenue 11.47m NOK → 13.33m NOK (+16.2%). Net result +197.1k NOK → -22.4k NOK. Equity 2.39m NOK → 2.37m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4 STORE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.47m NOK to 13.33m NOK (+16.2% YoY). Calculated
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↑
Cash rose
Bank deposits 2.70m NOK → 3.86m NOK (+42.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +248.9k NOK → -27.6k NOK (op. margin 2.2% → -0.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 197.1k NOK profit to a loss of 22.4k NOK. Calculated
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↓
Equity eroded
Book equity 2.39m NOK → 2.37m NOK (equity ratio 67.8% → 52.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.94m NOK → 7.30m NOK (52% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.77m NOK → 3.34m NOK (+20.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 14 → 13. Reported fact