4TEST INSTRUMENT AS: årsregnskap 2021 vs 2020
Grew 77% on revenue, stronger earnings
approved 2022-01-17; registry 2022-01-29; journal 2022 110099
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4TEST INSTRUMENT AS. Revenue 18.65m NOK → 33.06m NOK (+77.3%). Net result +872.6k NOK → +3.90m NOK. Equity 1.35m NOK → 2.00m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4TEST INSTRUMENT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 18.65m NOK to 33.06m NOK (+77.3% YoY). Calculated
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Net result improved
Net result +872.6k NOK → +3.90m NOK (net margin 4.7% → 11.8%). Calculated
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Equity strengthened
Book equity 1.35m NOK → 2.00m NOK (equity ratio 23.0% → 17.9%). Calculated
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Cash rose
Bank deposits 239.0k NOK → 1.46m NOK (+508.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.64m NOK → 3.42m NOK (14% → 10% of revenue). Calculated
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COGS moved
COGS / varekostnad 13.21m NOK → 22.88m NOK (+73.2% YoY). Calculated