4K BIL AS: årsregnskap 2021 vs 2020
Grew 233929% on revenue, returned to profit, fresh owner capital
approved 2022-05-11; registry 2022-07-05; journal 2022 619436
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4K BIL AS. Revenue 1 321 NOK → 3.09m NOK (+233929.4%). Net result -23.5k NOK → +120.4k NOK. Equity 18.4k NOK → 138.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4K BIL AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 321 NOK to 3.09m NOK (+233929.4% YoY). Calculated
-
↑
Operating result improved
Operating result -30.0k NOK → +154.5k NOK (op. margin -2270.2% → 5.0%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 23.5k NOK to a profit of 120.4k NOK. Calculated
-
↑
Equity strengthened
Book equity 18.4k NOK → 138.9k NOK (equity ratio 3.5% → 14.4%). Calculated
-
↑
Cash rose
Bank deposits 33.0k NOK → 94.2k NOK (+185.5% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 50.9k NOK → 4.17m NOK (3851% → 135% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1 443 NOK → 2.24m NOK (+155149.0% YoY). Calculated