A4 SERVICE AS: årsregnskap 2021 vs 2020
Grew 6% on revenue, weaker earnings
registry 2022-07-18; journal 2022 720874
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A4 SERVICE AS. Revenue 3.33m NOK → 3.53m NOK (+6.1%). Net result -188.5k NOK → -500.3k NOK. Equity -35.6k NOK → 10.7k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A4 SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.33m NOK to 3.53m NOK (+6.1% YoY). Calculated
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↑
Equity strengthened
Book equity -35.6k NOK → 10.7k NOK (equity ratio -4.2% → 1.5%). Calculated
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↑
Cash rose
Bank deposits 36.8k NOK → 96.2k NOK (+161.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -228.2k NOK → -466.0k NOK (op. margin -6.9% → -13.2%). Calculated
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↓
Net result weakened
Net result -188.5k NOK → -500.3k NOK (net margin -5.7% → -14.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 804.6k NOK → 2.93m NOK (24% → 83% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 712.6k NOK → 2.05m NOK (+187.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → -30.0k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 0 → 2. Reported fact