4CONSULT AS: årsregnskap 2022 vs 2021
Shrank 99% on revenue, stronger earnings
approved 2023-03-13; registry 2023-04-04; journal 2023 343822
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 4CONSULT AS. Revenue 5.23m NOK → 72.8k NOK (-98.6%). Net result +27.3k NOK → +1.53m NOK. Equity 799.0k NOK → 241.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4CONSULT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +1.15m NOK → +1.95m NOK (op. margin 21.9% → 2672.5%). Calculated
-
↑
Net result improved
Net result +27.3k NOK → +1.53m NOK (net margin 0.5% → 2095.8%). Calculated
-
↑
Cash rose
Bank deposits 187.1k NOK → 2.49m NOK (+1232.8% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.01× → 1.04×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.23m NOK to 72.8k NOK (-98.6% YoY). Calculated
-
↓
Equity eroded
Book equity 799.0k NOK → 241.0k NOK (equity ratio 610.0% → 6.3%). Calculated
-
↓
COGS moved
COGS / varekostnad 2.16m NOK → 3.04m NOK (+41.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation