4 - YOU - DUTNJE AS: årsregnskap 2021 vs 2020
Shrank 90% on revenue, returned to profit, cash halved-plus
approved 2022-05-23; registry 2022-05-30; journal 2022 357250
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4 - YOU - DUTNJE AS. Revenue 808.0k NOK → 84.8k NOK (-89.5%). Net result -231.0k NOK → +25.1k NOK. Equity -117.9k NOK → -92.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 4 - YOU - DUTNJE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -229.5k NOK → +25.5k NOK (op. margin -28.4% → 30.1%). Calculated
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Turned profitable
Net result flipped from a loss of 231.0k NOK to a profit of 25.1k NOK. Calculated
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Equity strengthened
Book equity -117.9k NOK → -92.8k NOK (equity ratio -74.2% → -141.3%). Calculated
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Payroll decreased
Salary cost 287.4k NOK → 67.4k NOK (36% → 80% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 808.0k NOK to 84.8k NOK (-89.5% YoY). Calculated
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↓
Cash fell
Bank deposits 158.8k NOK → 56.0k NOK (-64.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -141.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 670.1k NOK → 23.3k NOK (-96.5% YoY). Calculated