Org.nr 924 505 893 2020 → 2021 Year-over-year analysis

46FØRTI AS: årsregnskap 2021 vs 2020

Grew 26% on revenue, weaker earnings, cash halved-plus

approved 2022-06-30; registry 2022-07-27; journal 2022 804338

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 46FØRTI AS. Revenue 701.1k NOK → 883.0k NOK (+25.9%). Net result +17.1k NOK → +2 794 NOK. Equity 41.5k NOK → 44.3k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 46FØRTI AS.

Scorecard

Revenue
701.1k NOK 883.0k NOK
+25.9%
Operating result
+22.8k NOK +6 227 NOK
-72.7%
Net result
+17.1k NOK +2 794 NOK
-83.6%
Equity
41.5k NOK 44.3k NOK
+6.7%
Cash
4 150 NOK 35 NOK
-99.2%
Total assets
105.6k NOK 215.6k NOK
+104.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 701.1k NOK to 883.0k NOK (+25.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 41.5k NOK → 44.3k NOK (equity ratio 39.3% → 20.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +22.8k NOK → +6 227 NOK (op. margin 3.3% → 0.7%). Calculated

  • ↓

    Net result weakened

    Net result +17.1k NOK → +2 794 NOK (net margin 2.4% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 150 NOK → 35 NOK (-99.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 356.8k NOK → 658.3k NOK (+84.5% YoY). Calculated