FirmaIQ
Org.nr 897 392 232 2020 → 2021 Year-over-year analysis

4SERVICE GRUPPEN AS: årsregnskap 2021 vs 2020

Grew 35% on revenue, stronger earnings

approved 2022-06-23; registry 2022-08-25; journal 2022 885043

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 4SERVICE GRUPPEN AS. Revenue 55.22m NOK → 74.34m NOK (+34.6%). Net result +65.59m NOK → +105.40m NOK. Equity 5.19bn NOK → 267.83m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 4SERVICE GRUPPEN AS.

At a glance

Scorecard

Revenue
55.22m NOK 74.34m NOK
+34.6%
Operating result
-25.84m NOK -18.52m NOK
+28.3%
Net result
+65.59m NOK +105.40m NOK
+60.7%
Equity
5.19bn NOK 267.83m NOK
-94.8%
Cash
241.2k NOK 241.0k NOK
-0.1%
Total assets
1.27bn NOK 1.37bn NOK
+7.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 55.22m NOK to 74.34m NOK (+34.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -25.84m NOK → -18.52m NOK (op. margin -46.8% → -24.9%). Calculated

  • ↑

    Net result improved

    Net result +65.59m NOK → +105.40m NOK (net margin 118.8% → 141.8%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.19bn NOK → 267.83m NOK (equity ratio 407.9% → 19.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 26.61m NOK → 29.27m NOK (48% → 39% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 514.47m NOK → 13.51m NOK (-97.4% YoY). Calculated