Org.nr 920 444 199 2020 → 2021 Year-over-year analysis

7 FJELL HOLDING AS: årsregnskap 2021 vs 2020

Grew 11742% on revenue, stronger earnings

approved 2023-02-28; registry 2023-03-07; journal 2023 318526

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 7 FJELL HOLDING AS. Revenue 101 NOK → 12.0k NOK (+11741.6%). Net result -31.5k NOK → -12.0k NOK. Equity 31.0k NOK → 19.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Revenue
101 NOK 12.0k NOK
+11741.6%
Operating result
-31.5k NOK -12.0k NOK
+62.0%
Net result
-31.5k NOK -12.0k NOK
+62.0%
Equity
31.0k NOK 19.0k NOK
-38.7%
Cash
1 472 NOK 1 472 NOK
0.0%
Total assets
140.6k NOK 150.2k NOK
+6.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 101 NOK to 12.0k NOK (+11741.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -31.5k NOK → -12.0k NOK (op. margin -31196.0% → -100.2%). Calculated

  • ↑

    Net result improved

    Net result -31.5k NOK → -12.0k NOK (net margin -31196.0% → -100.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.75× → 1.05×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 31.0k NOK → 19.0k NOK (equity ratio 22.0% → 12.6%). Calculated