Org.nr 919 825 480 2020 → 2021 Year-over-year analysis

4X4 MEDEX AS: årsregnskap 2021 vs 2020

Grew 2136% on revenue, stronger earnings

approved 2022-06-21; registry 2022-06-23; journal 2022 508757

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 4X4 MEDEX AS. Revenue 46.2k NOK → 1.03m NOK (+2135.9%). Net result +35.1k NOK → +627.8k NOK. Equity 127.0k NOK → 754.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

Scorecard

Revenue
46.2k NOK 1.03m NOK
+2135.9%
Operating result
+41.3k NOK +804.8k NOK
+1849.4%
Net result
+35.1k NOK +627.8k NOK
+1688.7%
Equity
127.0k NOK 754.7k NOK
+494.5%
Cash
47.6k NOK 905.5k NOK
+1800.3%
Total assets
275.1k NOK 195.1k NOK
-29.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 46.2k NOK to 1.03m NOK (+2135.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +41.3k NOK → +804.8k NOK (op. margin 89.4% → 77.9%). Calculated

  • ↑

    Net result improved

    Net result +35.1k NOK → +627.8k NOK (net margin 76.0% → 60.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 127.0k NOK → 754.7k NOK (equity ratio 46.1% → 386.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 47.6k NOK → 905.5k NOK (+1800.3% YoY). Calculated