Org.nr 988 676 241 2020 → 2021 Year-over-year analysis

4CON AS: årsregnskap 2021 vs 2020

Shrank 18% on revenue, returned to profit

approved 2022-03-17; registry 2022-04-16; journal 2022 183000

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 4CON AS. Revenue 614.2k NOK → 502.4k NOK (-18.2%). Net result -456.7k NOK → +41.8k NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; cash fell.

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

Scorecard

Revenue
614.2k NOK 502.4k NOK
-18.2%
Operating result
-495.8k NOK -184.2k NOK
+62.8%
Net result
-456.7k NOK +41.8k NOK
+109.1%
Cash
4.00m NOK 2.85m NOK
-28.8%
Total assets
5.01m NOK 4.03m NOK
-19.6%

What improved

  • ↑

    Operating result improved

    Operating result -495.8k NOK → -184.2k NOK (op. margin -80.7% → -36.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 456.7k NOK to a profit of 41.8k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 614.2k NOK to 502.4k NOK (-18.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 4.00m NOK → 2.85m NOK (-28.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9 025 NOK → 1 575 NOK (-82.5% YoY). Calculated