7 FJELL EIENDOMSSERVICE AS: årsregnskap 2023 vs 2022
Grew 36% on revenue, stronger earnings
approved 2024-05-07; registry 2024-06-04; journal 2024 417868
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 7 FJELL EIENDOMSSERVICE AS. Revenue 8.10m NOK → 11.01m NOK (+36.0%). Net result +357.8k NOK → +552.7k NOK. Equity 497.3k NOK → 402.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. 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 8.10m NOK to 11.01m NOK (+36.0% YoY). Calculated
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Operating result improved
Operating result +486.5k NOK → +753.8k NOK (op. margin 6.0% → 6.8%). Calculated
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Net result improved
Net result +357.8k NOK → +552.7k NOK (net margin 4.4% → 5.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 497.3k NOK → 402.0k NOK (equity ratio 22.5% → 9.8%). Calculated
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↓
Cash fell
Bank deposits 218.6k NOK → 200.3k NOK (-8.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 3.55m NOK → 4.50m NOK (44% → 41% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.29m NOK → 3.18m NOK (+38.4% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 7. Reported fact