FirmaIQ
Org.nr 893 159 452 2020 → 2021 Year-over-year analysis

4BROTHERS INVEST AS: årsregnskap 2021 vs 2020

Shrank 21% on revenue, stronger earnings

approved 2022-07-29; registry 2022-08-20; journal 2022 888065

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 4BROTHERS INVEST AS. Revenue 308.8k NOK → 244.1k NOK (-20.9%). Net result +502.4k NOK → +6.77m NOK. Equity 5.91m NOK → 3.99m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
308.8k NOK 244.1k NOK
-20.9%
Operating result
+167.4k NOK +166.2k NOK
-0.7%
Net result
+502.4k NOK +6.77m NOK
+1247.9%
Equity
5.91m NOK 3.99m NOK
-32.6%
Cash
19.5k NOK 36.3k NOK
+86.3%
Total assets
6.64m NOK 6.58m NOK
-0.9%

What improved

  • ↑

    Net result improved

    Net result +502.4k NOK → +6.77m NOK (net margin 162.7% → 2773.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.5k NOK → 36.3k NOK (+86.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 308.8k NOK to 244.1k NOK (-20.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +167.4k NOK → +166.2k NOK (op. margin 54.2% → 68.1%). Calculated

  • ↓

    Equity eroded

    Book equity 5.91m NOK → 3.99m NOK (equity ratio 89.0% → 60.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.55× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated