4GNS TELECOM AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2022-02-21; registry 2022-06-01; journal 2022 381461
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4GNS TELECOM AS. Revenue 39.8k NOK → 0 NOK (-100.0%). Net result +39.4k NOK → -14.5k NOK. Equity -2.27m NOK → -2.29m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4GNS TELECOM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 39.8k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +41.0k NOK → -14.5k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 39.4k NOK profit to a loss of 14.5k NOK. Calculated
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↓
Equity eroded
Book equity -2.27m NOK → -2.29m NOK (equity ratio -9907.9% → -24145.3%). Calculated
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↓
Cash fell
Bank deposits 23.0k NOK → 9 479 NOK (-58.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -24145.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation