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Org.nr 998 501 458 2019 → 2020 Year-over-year analysis

4C INVESTMENT AS: årsregnskap 2020 vs 2019

Shrank 90% on revenue, slipped into loss, cash halved-plus

registry 2021-05-27; journal 2021 325989

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4C INVESTMENT AS. Revenue 2.47m NOK → 248.5k NOK (-89.9%). Net result +469.5k NOK → -449.3k NOK. Equity 4.67m NOK → 4.22m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4C INVESTMENT AS.

At a glance

Scorecard

Revenue
2.47m NOK 248.5k NOK
-89.9%
Operating result
+588.8k NOK -583.1k NOK
-199.0%
Net result
+469.5k NOK -449.3k NOK
-195.7%
Equity
4.67m NOK 4.22m NOK
-9.6%
Cash
2.08m NOK 994.9k NOK
-52.2%
Total assets
5.27m NOK 4.41m NOK
-16.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 300.6k NOK → 13.0k NOK (12% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.47m NOK to 248.5k NOK (-89.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +588.8k NOK → -583.1k NOK (op. margin 23.9% → -234.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 469.5k NOK profit to a loss of 449.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.67m NOK → 4.22m NOK (equity ratio 88.7% → 95.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.08m NOK → 994.9k NOK (-52.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 90.9k NOK → 21.7k NOK (-76.1% YoY). Calculated