7 STAR EIENDOM AS: årsregnskap 2021 vs 2020
Shrank 58% on revenue, slipped into loss
approved 2022-08-20; registry 2022-09-01; journal 2022 912099
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 7 STAR EIENDOM AS. Revenue 236.0k NOK → 100.0k NOK (-57.6%). Net result +821.1k NOK → -4.28m NOK. Equity 4.25m NOK → -28.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 7 STAR EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 444 NOK → 102.0k NOK (+22869.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 236.0k NOK to 100.0k NOK (-57.6% YoY). Calculated
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↓
Operating result weakened
Operating result -209.4k NOK → -4.31m NOK (op. margin -88.7% → -4310.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 821.1k NOK profit to a loss of 4.28m NOK. Calculated
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↓
Equity eroded
Book equity 4.25m NOK → -28.4k NOK (equity ratio 56.4% → -2.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.48m NOK → 808.1k NOK. Reported fact