4CONSULT AS: årsregnskap 2020 vs 2019
Shrank 42% on revenue, slipped into loss
approved 2021-06-10; registry 2021-07-07; journal 2021 453723
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4CONSULT AS. Revenue 5.61m NOK → 3.25m NOK (-42.0%). Net result +114.4k NOK → -596.1k NOK. Equity 10.79m NOK → 10.19m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4CONSULT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 60.9k NOK → 449.0k NOK (+637.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.61m NOK to 3.25m NOK (-42.0% YoY). Calculated
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↓
Operating result weakened
Operating result +151.1k NOK → -591.6k NOK (op. margin 2.7% → -18.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 114.4k NOK profit to a loss of 596.1k NOK. Calculated
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↓
Equity eroded
Book equity 10.79m NOK → 10.19m NOK (equity ratio 485.0% → 1220.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 3 NOK → 1.37m NOK (0% → 42% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.89m NOK → 1.99m NOK (-48.8% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact