777 TRIPLE SEVEN AS: årsregnskap 2022 vs 2021
Grew 10% on revenue, stronger earnings
approved 2023-06-28; registry 2023-07-22; journal 2023 598559
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 777 TRIPLE SEVEN AS. Revenue 7.12m NOK → 7.82m NOK (+9.9%). Net result +195.8k NOK → +787.0k NOK. Equity 1.45m NOK → 2.23m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 777 TRIPLE SEVEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.12m NOK to 7.82m NOK (+9.9% YoY). Calculated
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Net result improved
Net result +195.8k NOK → +787.0k NOK (net margin 2.8% → 10.1%). Calculated
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Equity strengthened
Book equity 1.45m NOK → 2.23m NOK (equity ratio 41.9% → 26.1%). Calculated
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Cash rose
Bank deposits 1.15m NOK → 6.04m NOK (+426.3% YoY). Calculated
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Payroll decreased
Salary cost 3.56m NOK → 1.93m NOK (50% → 25% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +294.3k NOK → +22.9k NOK (op. margin 4.1% → 0.3%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.70m NOK → 162.6k NOK (-90.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 291.8k NOK → 200.0k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 1 → 3. Reported fact