Org.nr 995 856 166 2020 → 2021 Year-over-year analysis

24SEVENOFFICE NC AS: årsregnskap 2021 vs 2020

Weaker earnings

registry 2022-05-16; journal 2022 302356

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 24SEVENOFFICE NC AS. Net result -203.8k NOK → -258.5k NOK. Equity -199.6k NOK → -458.1k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 24SEVENOFFICE NC AS.

Scorecard

Operating result
-203.8k NOK -243.3k NOK
-19.4%
Net result
-203.8k NOK -258.5k NOK
-26.8%
Equity
-199.6k NOK -458.1k NOK
-129.5%
Cash
23.5k NOK 440.7k NOK
+1772.1%
Total assets
1.58m NOK 5.79m NOK
+266.7%

What improved

  • ↑

    Cash rose

    Bank deposits 23.5k NOK → 440.7k NOK (+1772.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.28× → 4.72×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -203.8k NOK → -243.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -203.8k NOK → -258.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -199.6k NOK → -458.1k NOK (equity ratio -12.6% → -7.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 81.9k NOK → 4.04m NOK. Reported fact