Org.nr 927 128 454 2021 → 2022 Year-over-year analysis

4ELEMENTS AS: årsregnskap 2022 vs 2021

Slipped into loss

approved 2023-06-30; registry 2023-07-13; journal 2023 611356

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 4ELEMENTS AS. Revenue 368.9k NOK → 350.6k NOK (-5.0%). Net result +4 432 NOK → -131.9k NOK. Equity 54.4k NOK → -77.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
368.9k NOK 350.6k NOK
-5.0%
Operating result
+5 774 NOK -133.8k NOK
-2416.6%
Net result
+4 432 NOK -131.9k NOK
-3077.2%
Equity
54.4k NOK -77.5k NOK
-242.4%
Cash
41.5k NOK 25.3k NOK
-39.1%
Total assets
410.8k NOK n/m
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 368.9k NOK to 350.6k NOK (-5.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5 774 NOK → -133.8k NOK (op. margin 1.6% → -38.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4 432 NOK profit to a loss of 131.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 54.4k NOK → -77.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 41.5k NOK → 25.3k NOK (-39.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 111.7k NOK → 84.1k NOK (-24.8% YoY). Calculated