4 STORE AS: årsregnskap 2022 vs 2021
Grew 16% on revenue, weaker earnings
approved 2023-06-27; registry 2023-08-05; journal 2023 647764
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 4 STORE AS. Revenue 13.33m NOK → 15.44m NOK (+15.9%). Net result -22.4k NOK → -890.6k NOK. Equity 2.37m NOK → 1.48m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. 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 13.33m NOK to 15.44m NOK (+15.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -27.6k NOK → -891.3k NOK (op. margin -0.2% → -5.8%). Calculated
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↓
Net result weakened
Net result -22.4k NOK → -890.6k NOK (net margin -0.2% → -5.8%). Calculated
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↓
Equity eroded
Book equity 2.37m NOK → 1.48m NOK (equity ratio 52.6% → 37.5%). Calculated
-
↓
Cash fell
Bank deposits 3.86m NOK → 3.10m NOK (-19.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.30m NOK → 9.16m NOK (55% → 59% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.34m NOK → 4.00m NOK (+19.8% YoY). Calculated