Org.nr 821 378 982 2020 → 2021 Year-over-year analysis

4HJERTER AS: årsregnskap 2021 vs 2020

Shrank 67% on revenue, stronger earnings

approved 2022-05-25; registry 2022-06-20; journal 2022 485489

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 4HJERTER AS. Revenue 30.0k NOK → 10.0k NOK (-66.7%). Net result +5 401 NOK → +492.9k NOK. Equity 54.7k NOK → 547.6k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
30.0k NOK 10.0k NOK
-66.7%
Operating result
+5 885 NOK +1 434 NOK
-75.6%
Net result
+5 401 NOK +492.9k NOK
+9025.2%
Equity
54.7k NOK 547.6k NOK
+901.0%
Cash
2 539 NOK 255.8k NOK
+9974.6%
Total assets
475.9k NOK 964.7k NOK
+102.7%

What improved

  • ↑

    Net result improved

    Net result +5 401 NOK → +492.9k NOK (net margin 18.0% → 4928.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 54.7k NOK → 547.6k NOK (equity ratio 11.5% → 56.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 539 NOK → 255.8k NOK (+9974.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.22× → 71.41×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.0k NOK to 10.0k NOK (-66.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5 885 NOK → +1 434 NOK (op. margin 19.6% → 14.3%). Calculated