4TRAVEL AS: årsregnskap 2021 vs 2020
Shrank 95% on revenue, slipped into loss
approved 2022-06-13; registry 2022-06-15; journal 2022 457377
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4TRAVEL AS. Revenue 2.40m NOK → 114.3k NOK (-95.2%). Net result +69.3k NOK → -129.6k NOK. Equity 625.2k NOK → 495.6k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4TRAVEL AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.40m NOK to 114.3k NOK (-95.2% YoY). Calculated
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Operating result weakened
Operating result +69.4k NOK → -137.8k NOK (op. margin 2.9% → -120.6%). Calculated
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Fell into a net loss
Net result flipped from 69.3k NOK profit to a loss of 129.6k NOK. Calculated
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Equity eroded
Book equity 625.2k NOK → 495.6k NOK (equity ratio 45.7% → 48.6%). Calculated
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Cash fell
Bank deposits 1.36m NOK → 1.02m NOK (-25.2% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.45m NOK → 120.5k NOK (-91.7% YoY). Calculated