7 STARS SERVICE AS: årsregnskap 2023 vs 2022
Stronger earnings
approved 2024-03-21; registry 2024-04-29; journal 2024 381758
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 7 STARS SERVICE AS. Revenue 703.1k NOK → 730.7k NOK (+3.9%). Net result +5 167 NOK → +339.7k NOK. Equity 5.20m NOK → 537.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 7 STARS SERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 703.1k NOK to 730.7k NOK (+3.9% YoY). Calculated
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Operating result improved
Operating result +218.0k NOK → +482.8k NOK (op. margin 31.0% → 66.1%). Calculated
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Net result improved
Net result +5 167 NOK → +339.7k NOK (net margin 0.7% → 46.5%). Calculated
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Cash rose
Bank deposits 348.4k NOK → 378.8k NOK (+8.7% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.94× → 1.56×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.20m NOK → 537.2k NOK (equity ratio 569.4% → 63.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 184 NOK → 1.46m NOK (0% → 200% of revenue). Calculated
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COGS moved
COGS / varekostnad 68.3k NOK → 518.5k NOK (+658.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact