Org.nr 925 660 914 2021 → 2022 Year-over-year analysis

7 FJELL BOLIGSTYLING AS: årsregnskap 2022 vs 2021

Grew 35% on revenue, stronger earnings

approved 2023-06-29; registry 2023-07-03; journal 2023 555965

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 7 FJELL BOLIGSTYLING AS. Revenue 3.74m NOK → 5.03m NOK (+34.6%). Net result +463.2k NOK → +568.0k NOK. Equity 176.7k NOK → 519.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 7 FJELL BOLIGSTYLING AS.

Scorecard

Revenue
3.74m NOK 5.03m NOK
+34.6%
Operating result
+514.4k NOK +733.3k NOK
+42.5%
Net result
+463.2k NOK +568.0k NOK
+22.6%
Equity
176.7k NOK 519.7k NOK
+194.1%
Cash
481.7k NOK 990.1k NOK
+105.5%
Total assets
541.6k NOK 818.0k NOK
+51.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.74m NOK to 5.03m NOK (+34.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +514.4k NOK → +733.3k NOK (op. margin 13.8% → 14.6%). Calculated

  • ↑

    Net result improved

    Net result +463.2k NOK → +568.0k NOK (net margin 12.4% → 11.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 176.7k NOK → 519.7k NOK (equity ratio 32.6% → 63.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 481.7k NOK → 990.1k NOK (+105.5% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.49× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 376 NOK → 1.94m NOK (0% → 39% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3 719 NOK → 94.9k NOK (+2451.5% YoY). Calculated