7DESIGN AS: årsregnskap 2021 vs 2020
Grew 37% on revenue, stronger earnings
approved 2022-04-26; registry 2022-05-09; journal 2022 273574
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 7DESIGN AS. Revenue 453.7k NOK → 621.4k NOK (+37.0%). Net result +47.3k NOK → +198.6k NOK. Equity -531.0k NOK → -332.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 7DESIGN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 453.7k NOK to 621.4k NOK (+37.0% YoY). Calculated
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Operating result improved
Operating result +52.4k NOK → +202.5k NOK (op. margin 11.6% → 32.6%). Calculated
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Net result improved
Net result +47.3k NOK → +198.6k NOK (net margin 10.4% → 32.0%). Calculated
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Equity strengthened
Book equity -531.0k NOK → -332.4k NOK (equity ratio -229.9% → -150.2%). Calculated
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Cash rose
Bank deposits 196.4k NOK → 208.9k NOK (+6.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2 NOK → 7 625 NOK (0% → 1% of revenue). Calculated
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COGS fell
COGS / varekostnad 245.7k NOK → 235.9k NOK (-4.0% YoY). Calculated