FirmaIQ
Org.nr 918 710 469 2020 → 2021 Year-over-year analysis

4FF EIENDOM AS: årsregnskap 2021 vs 2020

Grew 22% on revenue, stronger earnings

approved 2022-07-29; registry 2022-08-11; journal 2022 842721

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 4FF EIENDOM AS. Revenue 2.44m NOK → 2.97m NOK (+22.0%). Net result -935.3k NOK → -406.3k NOK. Equity -8.81m NOK → -9.22m NOK.

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

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

At a glance

Scorecard

Revenue
2.44m NOK 2.97m NOK
+22.0%
Operating result
-406.0k NOK +1 622 NOK
+100.4%
Net result
-935.3k NOK -406.3k NOK
+56.6%
Equity
-8.81m NOK -9.22m NOK
-4.6%
Cash
557.4k NOK 674.4k NOK
+21.0%
Total assets
48.96m NOK 48.48m NOK
-1.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.44m NOK to 2.97m NOK (+22.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -406.0k NOK → +1 622 NOK (op. margin -16.7% → 0.1%). Calculated

  • ↑

    Net result improved

    Net result -935.3k NOK → -406.3k NOK (net margin -38.4% → -13.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 557.4k NOK → 674.4k NOK (+21.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -8.81m NOK → -9.22m NOK (equity ratio -18.0% → -19.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -19.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation