4SIGHT AS: årsregnskap 2022 vs 2021
Grew 48% on revenue, weaker earnings
approved 2023-04-28; registry 2023-05-25; journal 2023 404729
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 4SIGHT AS. Revenue 5.56m NOK → 8.21m NOK (+47.8%). Net result +565.0k NOK → +42.0k NOK. Equity 100.0k NOK → 100.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 4SIGHT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.56m NOK to 8.21m NOK (+47.8% YoY). Calculated
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↑
Cash rose
Bank deposits 162.6k NOK → 1.92m NOK (+1077.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +701.1k NOK → +323.7k NOK (op. margin 12.6% → 3.9%). Calculated
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↓
Net result weakened
Net result +565.0k NOK → +42.0k NOK (net margin 10.2% → 0.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3.94m NOK → 5.70m NOK (71% → 69% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 298 NOK → 42.2k NOK (+14055.0% YoY). Calculated