4CONSULT AS: årsregnskap 2021 vs 2020
Grew 61% on revenue, returned to profit, cash halved-plus
approved 2022-03-17; registry 2022-04-19; journal 2022 183660
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4CONSULT AS. Revenue 3.25m NOK → 5.23m NOK (+61.0%). Net result -596.1k NOK → +27.3k NOK. Equity 10.19m NOK → 799.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4CONSULT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.25m NOK to 5.23m NOK (+61.0% YoY). Calculated
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Operating result improved
Operating result -591.6k NOK → +1.15m NOK (op. margin -18.2% → 21.9%). Calculated
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Turned profitable
Net result flipped from a loss of 596.1k NOK to a profit of 27.3k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.19m NOK → 799.0k NOK (equity ratio 1220.6% → 610.0%). Calculated
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↓
Cash fell
Bank deposits 449.0k NOK → 187.1k NOK (-58.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.99m NOK → 2.16m NOK (+8.2% YoY). Calculated