4FF EIENDOM AS: årsregnskap 2022 vs 2021
Grew 31% on revenue, stronger earnings, cash halved-plus
approved 2023-06-29; registry 2023-07-24; journal 2023 605647
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 4FF EIENDOM AS. Revenue 2.97m NOK → 3.89m NOK (+30.7%). Net result -406.3k NOK → -22.6k NOK. Equity -9.22m NOK → -9.24m 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
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.97m NOK to 3.89m NOK (+30.7% YoY). Calculated
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↑
Operating result improved
Operating result +1 622 NOK → +774.7k NOK (op. margin 0.1% → 19.9%). Calculated
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↑
Net result improved
Net result -406.3k NOK → -22.6k NOK (net margin -13.7% → -0.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -9.22m NOK → -9.24m NOK (equity ratio -19.0% → -19.6%). Calculated
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↓
Cash fell
Bank deposits 674.4k NOK → 93.5k NOK (-86.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation