Org.nr 921 030 843 2020 → 2021 Year-over-year analysis

4TUNE AS: årsregnskap 2021 vs 2020

Grew 504% on revenue, fresh owner capital

approved 2022-08-18; registry 2022-08-22; journal 2022 904630

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 4TUNE AS. Revenue 53.0k NOK → 320.0k NOK (+503.8%). Net result -646.5k NOK → -754.9k NOK. Equity 4.29m NOK → 3.78m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
53.0k NOK 320.0k NOK
+503.8%
Operating result
+72.2k NOK -509.7k NOK
-806.0%
Net result
-646.5k NOK -754.9k NOK
-16.8%
Equity
4.29m NOK 3.78m NOK
-12.0%
Cash
2 806 NOK 6 094 NOK
+117.2%
Total assets
12.59m NOK 10.97m NOK
-12.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 53.0k NOK to 320.0k NOK (+503.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 2 806 NOK → 6 094 NOK (+117.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.75× → 1.06×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 45.0k NOK → 3.78m NOK (+3.73m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +72.2k NOK → -509.7k NOK (op. margin 136.2% → -159.3%). Calculated

  • ↓

    Net result weakened

    Net result -646.5k NOK → -754.9k NOK (net margin -1219.9% → -235.9%). Calculated

  • ↓

    Equity eroded

    Book equity 4.29m NOK → 3.78m NOK (equity ratio 34.1% → 34.4%). Calculated