4SERVICE LANDANLEGG AS: årsregnskap 2021 vs 2020
Grew 5% on revenue, stronger earnings
registry 2022-07-09; journal 2022 609040
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4SERVICE LANDANLEGG AS. Revenue 2.23bn NOK → 2.35bn NOK (+5.4%). Net result +10.44m NOK → +42.08m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4SERVICE LANDANLEGG AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.23bn NOK to 2.35bn NOK (+5.4% YoY). Calculated
-
↑
Operating result improved
Operating result +13.36m NOK → +53.94m NOK (op. margin 0.6% → 2.3%). Calculated
-
↑
Net result improved
Net result +10.44m NOK → +42.08m NOK (net margin 0.5% → 1.8%). Calculated
-
↑
Cash rose
Bank deposits -306 NOK → 103.9k NOK (+34062.4% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 88.08m NOK → 3.12bn NOK (4% → 133% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 93.74m NOK → 115.61m NOK (+23.3% YoY). Calculated