Org.nr 995 985 713 2020 → 2021 Year-over-year analysis

24SEVENOFFICE SCANDINAVIA SYSTEMS AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-02-23; registry 2022-05-21; journal 2022 248017

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 24SEVENOFFICE SCANDINAVIA SYSTEMS AS. Net result -80.1k NOK → -806.0k NOK. Equity 19.09m NOK → 18.29m NOK.

On the constructive side: cash rose. 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 SCANDINAVIA SYSTEMS AS.

Scorecard

Operating result
-80.1k NOK -806.0k NOK
-906.3%
Net result
-80.1k NOK -806.0k NOK
-906.4%
Equity
19.09m NOK 18.29m NOK
-4.2%
Cash
998 NOK 7 263 NOK
+627.8%
Total assets
19.09m NOK 29.70m NOK
+55.5%

What improved

  • ↑

    Cash rose

    Bank deposits 998 NOK → 7 263 NOK (+627.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -80.1k NOK → -806.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result -80.1k NOK → -806.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 19.09m NOK → 18.29m NOK (equity ratio 100.0% → 61.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.04× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 19.09m NOK → 23.23m NOK. Reported fact