4DEKK AS: årsregnskap 2021 vs 2020
Grew 24% on revenue, cash halved-plus
approved 2021-12-31; registry 2022-07-21; journal 2022 760366
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4DEKK AS. Revenue 3.64m NOK → 4.53m NOK (+24.3%). Net result -459.9k NOK → -504.3k NOK. Equity 313.1k NOK → -116.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 4DEKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.64m NOK to 4.53m NOK (+24.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -325.4k NOK → -462.8k NOK (op. margin -8.9% → -10.2%). Calculated
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↓
Net result weakened
Net result -459.9k NOK → -504.3k NOK (net margin -12.6% → -11.1%). Calculated
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↓
Equity eroded
Book equity 313.1k NOK → -116.5k NOK (equity ratio 15.0% → -6.2%). Calculated
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↓
Cash fell
Bank deposits 373.0k NOK → 154.0k NOK (-58.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.43m NOK → 2.00m NOK (39% → 44% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.85m NOK → 2.04m NOK (+9.9% YoY). Calculated