Org.nr 989 186 787 2020 → 2021 Year-over-year analysis

7ERTSEN AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-06-28; registry 2022-07-02; journal 2022 571844

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 7ERTSEN AS. Net result +974.0k NOK → +14.67m NOK. Equity 20.13m NOK → 30.25m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 7ERTSEN AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-39.4k NOK -34.2k NOK

+13.3%

Net result

+974.0k NOK +14.67m NOK

+1405.9%

Equity

20.13m NOK 30.25m NOK

+50.3%

Cash

2.51m NOK 9.92m NOK

+294.6%

Total assets

20.13m NOK 34.80m NOK

+72.9%

↑
Operating result improved

Operating result -39.4k NOK → -34.2k NOK. Calculated
↑
Net result improved

Net result +974.0k NOK → +14.67m NOK. Calculated
↑
Equity strengthened

Book equity 20.13m NOK → 30.25m NOK (equity ratio 100.0% → 86.9%). Calculated
↑
Cash rose

Bank deposits 2.51m NOK → 9.92m NOK (+294.6% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 3.11m NOK → 37.5k NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Book investments changed

Investment / intangible book value 11.62m NOK → 16.31m NOK. Reported fact