Org.nr 925 820 148 2020 → 2021 Year-over-year analysis

7 FJELL KJEVEORTOPEDI AS: årsregnskap 2021 vs 2020

Grew 18% on revenue, stronger earnings

approved 2022-05-20; registry 2022-05-28; journal 2022 352304

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 7 FJELL KJEVEORTOPEDI AS. Revenue 5.60m NOK → 6.58m NOK (+17.6%). Net result +490.2k NOK → +685.3k NOK. Equity 66.3k NOK → 751.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
5.60m NOK 6.58m NOK
+17.6%
Operating result
+604.7k NOK +860.1k NOK
+42.2%
Net result
+490.2k NOK +685.3k NOK
+39.8%
Equity
66.3k NOK 751.5k NOK
+1033.9%
Cash
3.49m NOK 3.77m NOK
+7.8%
Total assets
5.05m NOK 5.33m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.60m NOK to 6.58m NOK (+17.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +604.7k NOK → +860.1k NOK (op. margin 10.8% → 13.1%). Calculated

  • ↑

    Net result improved

    Net result +490.2k NOK → +685.3k NOK (net margin 8.8% → 10.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 66.3k NOK → 751.5k NOK (equity ratio 1.3% → 14.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.49m NOK → 3.77m NOK (+7.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.43m NOK → 2.67m NOK (44% → 41% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 454.4k NOK → 725.8k NOK (+59.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 163.9k NOK. Reported fact