Org.nr 915 428 452 2020 → 2021 Year-over-year analysis

4BIT GAMES AS: årsregnskap 2021 vs 2020

Shrank 76% on revenue, weaker earnings

approved 2022-05-28; registry 2022-05-31; journal 2022 377264

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 4BIT GAMES AS. Revenue 118.0k NOK → 28.7k NOK (-75.7%). Net result +40.0k NOK → +6 084 NOK. Equity 11.19m NOK → 194.7k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
118.0k NOK 28.7k NOK
-75.7%
Operating result
+40.0k NOK +5 879 NOK
-85.3%
Net result
+40.0k NOK +6 084 NOK
-84.8%
Equity
11.19m NOK 194.7k NOK
-98.3%
Cash
202.1k NOK 209.2k NOK
+3.5%
Total assets
217.0k NOK 224.1k NOK
+3.3%

What improved

  • ↑

    Cash rose

    Bank deposits 202.1k NOK → 209.2k NOK (+3.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 118.0k NOK to 28.7k NOK (-75.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +40.0k NOK → +5 879 NOK (op. margin 33.9% → 20.5%). Calculated

  • ↓

    Net result weakened

    Net result +40.0k NOK → +6 084 NOK (net margin 33.9% → 21.2%). Calculated

  • ↓

    Equity eroded

    Book equity 11.19m NOK → 194.7k NOK (equity ratio 5157.1% → 86.9%). Calculated