4YOU AS: årsregnskap 2021 vs 2020
Shrank 50% on revenue, returned to profit, cash halved-plus
approved 2022-03-02; registry 2022-03-14; journal 2022 143263
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4YOU AS. Revenue 1.38m NOK → 697.6k NOK (-49.5%). Net result -621.5k NOK → +231.5k NOK. Equity -676.9k NOK → -445.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4YOU AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -614.4k NOK → +285.3k NOK (op. margin -44.5% → 40.9%). Calculated
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Turned profitable
Net result flipped from a loss of 621.5k NOK to a profit of 231.5k NOK. Calculated
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Equity strengthened
Book equity -676.9k NOK → -445.4k NOK. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.38m NOK to 697.6k NOK (-49.5% YoY). Calculated
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Cash fell
Bank deposits 189.2k NOK → 37.3k NOK (-80.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 17.35× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 1.54m NOK → 8.14m NOK (111% → 1167% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 44.9k NOK → 5 882 NOK (-86.9% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 3 → 1. Reported fact