4SERVICE HOLDING AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, weaker earnings
approved 2022-06-08; registry 2022-08-03; journal 2022 766498
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4SERVICE HOLDING AS. Revenue 2.10bn NOK → 0 NOK (-100.0%). Net result +37.88m NOK → 0 NOK. Equity 109.60m NOK → 80.92m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for 4SERVICE HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 307.9k NOK → 321.4k NOK (+4.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.94× → 311.50×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.10bn NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -331.5k NOK → -429.4k NOK. Calculated
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↓
Net result weakened
Net result +37.88m NOK → 0 NOK. Calculated
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↓
Equity eroded
Book equity 109.60m NOK → 80.92m NOK (equity ratio 29.4% → 23.2%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 118.89m NOK → 90.05m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 13.51m NOK → 13.51m NOK (-0.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 368.09m NOK → 339.25m NOK. Reported fact