Org.nr 919 844 523 2020 → 2021 Year-over-year analysis

7ANALYTICS AS: årsregnskap 2021 vs 2020

Shrank 51% on revenue, weaker earnings, fresh owner capital

approved 2022-04-21; registry 2022-07-18; journal 2022 728586

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 7ANALYTICS AS. Revenue 770.0k NOK → 377.0k NOK (-51.0%). Net result -955.4k NOK → -1.98m NOK. Equity 12.57m NOK → 555.2k NOK.

On the constructive side: cash rose; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 7ANALYTICS AS.

Scorecard

Revenue
770.0k NOK 377.0k NOK
-51.0%
Operating result
-955.6k NOK -2.08m NOK
-118.0%
Net result
-955.4k NOK -1.98m NOK
-107.4%
Equity
12.57m NOK 555.2k NOK
-95.6%
Cash
787.5k NOK 955.6k NOK
+21.3%
Total assets
787.5k NOK 10.11m NOK
+1183.6%

What improved

  • ↑

    Cash rose

    Bank deposits 787.5k NOK → 955.6k NOK (+21.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 12.50m NOK (+12.47m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 3182.38bn NOK → 3 NOK (413295714% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 770.0k NOK to 377.0k NOK (-51.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -955.6k NOK → -2.08m NOK (op. margin -124.1% → -552.6%). Calculated

  • ↓

    Net result weakened

    Net result -955.4k NOK → -1.98m NOK (net margin -124.1% → -525.6%). Calculated

  • ↓

    Equity eroded

    Book equity 12.57m NOK → 555.2k NOK (equity ratio 1595.6% → 5.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 503.9k NOK → 1 186 NOK (-99.8% YoY). Calculated