7 EVENTYR AS: årsregnskap 2022 vs 2021
Shrank 60% on revenue, returned to profit, cash halved-plus
approved 2023-06-30; registry 2023-07-27; journal 2023 657196
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 7 EVENTYR AS. Revenue 711.2k NOK → 287.2k NOK (-59.6%). Net result -94.6k NOK → +100.2k NOK. Equity -209.6k NOK → -109.3k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7 EVENTYR AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -94.1k NOK → +100.2k NOK (op. margin -13.2% → 34.9%). Calculated
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Turned profitable
Net result flipped from a loss of 94.6k NOK to a profit of 100.2k NOK. Calculated
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Equity strengthened
Book equity -209.6k NOK → -109.3k NOK (equity ratio -44.6% → -48.5%). Calculated
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Current ratio back above 1×
Current ratio 0.82× → 3.90×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 711.2k NOK to 287.2k NOK (-59.6% YoY). Calculated
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Cash fell
Bank deposits 248.3k NOK → 96.1k NOK (-61.3% YoY). Calculated
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Payroll up without matching revenue
Salary cost 63.3k NOK → 3.17m NOK (9% → 1105% of revenue). Calculated
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COGS moved
COGS / varekostnad 382.4k NOK → 593.1k NOK (+55.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -48.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation