9TIL4 AS: årsregnskap 2021 vs 2020
Shrank 32% on revenue, slipped into loss
approved 2022-07-04; registry 2022-07-25; journal 2022 785146
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 9TIL4 AS. Revenue 1.77m NOK → 1.21m NOK (-31.6%). Net result +443.4k NOK → -142.0k NOK. Equity 301.7k NOK → 159.7k NOK.
On the constructive side: cash rose. 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 9TIL4 AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 375.4k NOK → 759.4k NOK (+102.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.77m NOK to 1.21m NOK (-31.6% YoY). Calculated
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↓
Operating result weakened
Operating result +561.3k NOK → -145.4k NOK (op. margin 31.7% → -12.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 443.4k NOK profit to a loss of 142.0k NOK. Calculated
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↓
Equity eroded
Book equity 301.7k NOK → 159.7k NOK (equity ratio 40.4% → 48.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 674 NOK → 2.89m NOK (0% → 239% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 68.1k NOK → 56.8k NOK (-16.6% YoY). Calculated