7 FJELL AS: årsregnskap 2021 vs 2020
Returned to profit
approved 2022-02-17; registry 2022-02-21; journal 2022 119361
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 7 FJELL AS. Revenue 805.3k NOK → 766.7k NOK (-4.8%). Net result -98.3k NOK → +133.7k NOK. Equity 1.08m NOK → 1.22m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 7 FJELL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -99.8k NOK → +149.6k NOK (op. margin -12.4% → 19.5%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 98.3k NOK to a profit of 133.7k NOK. Calculated
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↑
Equity strengthened
Book equity 1.08m NOK → 1.22m NOK (equity ratio 97.8% → 94.6%). Calculated
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↑
Cash rose
Bank deposits 128.8k NOK → 408.1k NOK (+216.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 805.3k NOK to 766.7k NOK (-4.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 109.0k NOK → 252.5k NOK (14% → 33% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 227.6k NOK → 66.6k NOK (-70.7% YoY). Calculated