4HOME DECOR AS: årsregnskap 2021 vs 2020
Shrank 13% on revenue, slipped into loss
approved 2022-05-03; registry 2022-05-25; journal 2022 338316
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4HOME DECOR AS. Revenue 649.8k NOK → 565.6k NOK (-13.0%). Net result +20.6k NOK → -35.9k NOK. Equity 75.4k NOK → 39.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4HOME DECOR AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 649.8k NOK to 565.6k NOK (-13.0% YoY). Calculated
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Operating result weakened
Operating result +27.7k NOK → -46.0k NOK (op. margin 4.3% → -8.1%). Calculated
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Fell into a net loss
Net result flipped from 20.6k NOK profit to a loss of 35.9k NOK. Calculated
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Equity eroded
Book equity 75.4k NOK → 39.5k NOK (equity ratio 25.5% → 17.3%). Calculated
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Cash fell
Bank deposits 166.4k NOK → 122.0k NOK (-26.6% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 44.3k NOK → 27.6k NOK (-37.8% YoY). Calculated