FirmaIQ
Org.nr 997 649 117 2020 → 2021 Year-over-year analysis

4SERVICE AS: årsregnskap 2021 vs 2020

Weaker earnings

registry 2022-07-09; journal 2022 608828

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 4SERVICE AS. Revenue 228.18m NOK → 225.79m NOK (-1.0%). Net result +22.35m NOK → +1.88m NOK. Equity 17.01m NOK → 9.61m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
228.18m NOK 225.79m NOK
-1.0%
Operating result
+28.71m NOK +2.34m NOK
-91.8%
Net result
+22.35m NOK +1.88m NOK
-91.6%
Equity
17.01m NOK 9.61m NOK
-43.5%
Cash
13.1k NOK 929.1k NOK
+6997.4%
Total assets
119.99m NOK 67.08m NOK
-44.1%

What improved

  • ↑

    Cash rose

    Bank deposits 13.1k NOK → 929.1k NOK (+6997.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 228.18m NOK to 225.79m NOK (-1.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +28.71m NOK → +2.34m NOK (op. margin 12.6% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +22.35m NOK → +1.88m NOK (net margin 9.8% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 17.01m NOK → 9.61m NOK (equity ratio 14.2% → 14.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 94.91m NOK → 3.11bn NOK (42% → 1378% of revenue). Calculated