FirmaIQ
Org.nr 918 710 469 2019 → 2020 Year-over-year analysis

4FF EIENDOM AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-08-31; registry 2021-10-26; journal 2021 875676

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4FF EIENDOM AS. Revenue 2.37m NOK → 2.44m NOK (+3.0%). Net result -1.19m NOK → -935.3k NOK. Equity -7.87m NOK → -8.81m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4FF EIENDOM AS.

At a glance

Scorecard

Revenue
2.37m NOK 2.44m NOK
+3.0%
Operating result
-504.0k NOK -406.0k NOK
+19.4%
Net result
-1.19m NOK -935.3k NOK
+21.7%
Equity
-7.87m NOK -8.81m NOK
-11.9%
Cash
860.2k NOK 557.4k NOK
-35.2%
Total assets
50.43m NOK 48.96m NOK
-2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.37m NOK to 2.44m NOK (+3.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -504.0k NOK → -406.0k NOK (op. margin -21.3% → -16.7%). Calculated

  • ↑

    Net result improved

    Net result -1.19m NOK → -935.3k NOK (net margin -50.5% → -38.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -7.87m NOK → -8.81m NOK (equity ratio -15.6% → -18.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 860.2k NOK → 557.4k NOK (-35.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -18.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation