4C SOLUTIONS AS: årsregnskap 2021 vs 2020
Shrank 67% on revenue, returned to profit
registry 2022-06-27; journal 2022 517617
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4C SOLUTIONS AS. Revenue 2.78m NOK → 914.4k NOK (-67.1%). Net result -3.74m NOK → +170.8k NOK. Equity 3.56m NOK → 3.00m NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 4C SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -3.63m NOK → -2.93m NOK (op. margin -130.6% → -319.9%). Calculated
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Turned profitable
Net result flipped from a loss of 3.74m NOK to a profit of 170.8k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.78m NOK to 914.4k NOK (-67.1% YoY). Calculated
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↓
Equity eroded
Book equity 3.56m NOK → 3.00m NOK (equity ratio 51.1% → 40.3%). Calculated
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↓
Cash fell
Bank deposits 394.0k NOK → 366.0k NOK (-7.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 47.9k NOK → 2.13m NOK (2% → 232% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 3.56m NOK → 3.00m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 3.37m NOK → 1.52m NOK (-55.0% YoY). Calculated