7 FJELL EIENDOMSSERVICE AS: årsregnskap 2022 vs 2021
Grew 22% on revenue, weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-07-26; journal 2023 610808
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 7 FJELL EIENDOMSSERVICE AS. Revenue 6.61m NOK → 8.10m NOK (+22.5%). Net result +466.4k NOK → +357.8k NOK. Equity 139.5k NOK → 497.3k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 7 FJELL EIENDOMSSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.61m NOK to 8.10m NOK (+22.5% YoY). Calculated
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↑
Equity strengthened
Book equity 139.5k NOK → 497.3k NOK (equity ratio 5.9% → 22.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 1.26×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +610.6k NOK → +486.5k NOK (op. margin 9.2% → 6.0%). Calculated
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↓
Net result weakened
Net result +466.4k NOK → +357.8k NOK (net margin 7.1% → 4.4%). Calculated
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↓
Cash fell
Bank deposits 643.5k NOK → 218.6k NOK (-66.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.26m NOK → 3.55m NOK (34% → 44% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.55m NOK → 2.29m NOK (-10.1% YoY). Calculated