7 FJELL AS: årsregnskap 2023 vs 2022
Shrank 26% on revenue, returned to profit
approved 2024-04-03; registry 2024-04-06; journal 2024 347257
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 7 FJELL AS. Revenue 660.0k NOK → 490.0k NOK (-25.8%). Net result -167.8k NOK → +163.8k NOK. Equity 1.05m NOK → 1.21m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
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 -138.7k NOK → +161.0k NOK (op. margin -21.0% → 32.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 167.8k NOK to a profit of 163.8k NOK. Calculated
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↑
Equity strengthened
Book equity 1.05m NOK → 1.21m NOK (equity ratio 94.2% → 98.6%). Calculated
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↑
Cash rose
Bank deposits 715.7k NOK → 812.3k NOK (+13.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 155.3k NOK → 114.8k NOK (24% → 23% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 660.0k NOK to 490.0k NOK (-25.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 167.0k NOK → 78.1k NOK (-53.2% YoY). Calculated