4S BUSINESS CONSULTING AS: årsregnskap 2022 vs 2021
Shrank 52% on revenue, slipped into loss, cash halved-plus
approved 2023-06-12; registry 2023-06-14; journal 2023 487349
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 4S BUSINESS CONSULTING AS. Revenue 4.49m NOK → 2.15m NOK (-52.2%). Net result +76.9k NOK → -209.5k NOK. Equity 295.9k NOK → 86.4k 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 4S BUSINESS CONSULTING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.49m NOK to 2.15m NOK (-52.2% YoY). Calculated
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Operating result weakened
Operating result +162.3k NOK → -140.9k NOK (op. margin 3.6% → -6.6%). Calculated
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Fell into a net loss
Net result flipped from 76.9k NOK profit to a loss of 209.5k NOK. Calculated
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Equity eroded
Book equity 295.9k NOK → 86.4k NOK (equity ratio 40.3% → 1.2%). Calculated
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Cash fell
Bank deposits 98.3k NOK → 323 NOK (-99.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation