777 ESPORT AS: årsregnskap 2022 vs 2021
Shrank 97% on revenue, weaker earnings, fresh owner capital
registry 2023-07-26; journal 2023 653089
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 777 ESPORT AS. Revenue 917.6k NOK → 28.5k NOK (-96.9%). Net result -1.33m NOK → -4.67m NOK. Equity -1.04m NOK → 2.47m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 777 ESPORT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -1.04m NOK → 2.47m NOK (equity ratio -941.2% → 383.9%). Calculated
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Cash rose
Bank deposits 76.5k NOK → 4.41m NOK (+5670.6% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.25× → 3.14×. Calculated
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Owners injected capital
Paid-in equity rose 643.9k NOK → 832.7k NOK (+188.8k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 917.6k NOK to 28.5k NOK (-96.9% YoY). Calculated
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Operating result weakened
Operating result -1.32m NOK → -4.67m NOK (op. margin -144.0% → -16420.8%). Calculated
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Net result weakened
Net result -1.33m NOK → -4.67m NOK (net margin -144.6% → -16413.7%). Calculated
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Payroll up without matching revenue
Salary cost 2 NOK → 4.23m NOK (0% → 14854% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 165.4k NOK → 417.2k NOK (+152.2% YoY). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 6 → 9. Reported fact