7 EVENTYR AS: årsregnskap 2020 vs 2019
Grew 223% on revenue, slipped into loss, cash halved-plus
approved 2021-03-22; registry 2021-05-27; journal 2021 332869
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 7 EVENTYR AS. Revenue 266.8k NOK → 862.7k NOK (+223.4%). Net result +135.7k NOK → -28.3k NOK. Equity -156.6k NOK → -185.0k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 7 EVENTYR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 266.8k NOK to 862.7k NOK (+223.4% YoY). Calculated
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Payroll decreased
Salary cost 1.46m NOK → 225.7k NOK (549% → 26% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +136.2k NOK → -28.4k NOK (op. margin 51.0% → -3.3%). Calculated
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Fell into a net loss
Net result flipped from 135.7k NOK profit to a loss of 28.3k NOK. Calculated
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Equity eroded
Book equity -156.6k NOK → -185.0k NOK (equity ratio -42.9% → -41.6%). Calculated
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Cash fell
Bank deposits 196.9k NOK → 41.1k NOK (-79.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 674.5k NOK → 285.8k NOK (-57.6% YoY). Calculated