7DAYS AS: årsregnskap 2021 vs 2020
Grew 36% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-06; journal 2022 640525
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 7DAYS AS. Revenue 3.47m NOK → 4.70m NOK (+35.7%). Net result +366.7k NOK → +979.4k NOK. Equity 12.00m NOK → 13 NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 7DAYS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.47m NOK to 4.70m NOK (+35.7% YoY). Calculated
-
↑
Net result improved
Net result +366.7k NOK → +979.4k NOK (net margin 10.6% → 20.8%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +493.7k NOK → +276.8k NOK (op. margin 14.2% → 5.9%). Calculated
-
↓
Equity eroded
Book equity 12.00m NOK → 13 NOK (equity ratio 679.8% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 718.9k NOK → 471.2k NOK (-34.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 1.46m NOK → 1.79m NOK (+22.7% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 1 → 1.5. Reported fact