Org.nr 995 985 713 2021 → 2022 Year-over-year analysis

24SEVENOFFICE SCANDINAVIA SYSTEMS AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-03-27; registry 2023-03-29; journal 2023 339942

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 24SEVENOFFICE SCANDINAVIA SYSTEMS AS. Net result -806.0k NOK → -1.60m NOK. Equity 18.29m NOK → 16.69m 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 SCANDINAVIA SYSTEMS AS.

Scorecard

Operating result
-806.0k NOK -1.60m NOK
-98.5%
Net result
-806.0k NOK -1.60m NOK
-98.5%
Equity
18.29m NOK 16.69m NOK
-8.8%
Cash
7 263 NOK 30.9k NOK
+325.5%
Total assets
29.70m NOK 28.34m NOK
-4.6%

What improved

  • ↑

    Cash rose

    Bank deposits 7 263 NOK → 30.9k NOK (+325.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.43× → 6.74×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -806.0k NOK → -1.60m NOK. Calculated

  • ↓

    Net result weakened

    Net result -806.0k NOK → -1.60m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 18.29m NOK → 16.69m NOK (equity ratio 61.6% → 58.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 23.23m NOK → 23.11m NOK. Reported fact