Org.nr 995 856 166 2021 → 2022 Year-over-year analysis

24SEVENOFFICE NC AS: årsregnskap 2022 vs 2021

Weaker earnings

registry 2023-03-29; journal 2023 339944

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 24SEVENOFFICE NC AS. Net result -258.5k NOK → -415.3k NOK. Equity -458.1k NOK → -873.5k NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

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

Scorecard

Operating result
-243.3k NOK -229.6k NOK
+5.7%
Net result
-258.5k NOK -415.3k NOK
-60.7%
Equity
-458.1k NOK -873.5k NOK
-90.7%
Cash
440.7k NOK 349.0k NOK
-20.8%
Total assets
5.79m NOK 5.58m NOK
-3.7%

What improved

  • ↑

    Operating result improved

    Operating result -243.3k NOK → -229.6k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -258.5k NOK → -415.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -458.1k NOK → -873.5k NOK (equity ratio -7.9% → -15.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 440.7k NOK → 349.0k NOK (-20.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.04m NOK → 4.08m NOK. Reported fact