Org.nr 989 186 787 2021 → 2022 Year-over-year analysis

7ERTSEN AS: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

approved 2023-06-30; registry 2023-08-12; journal 2023 669789

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 7ERTSEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +14.67m NOK → +79.5k NOK. Equity 30.25m NOK → 30.33m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 7ERTSEN AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-34.2k NOK -12.7k NOK
+62.8%
Net result
+14.67m NOK +79.5k NOK
-99.5%
Equity
30.25m NOK 30.33m NOK
+0.3%
Cash
9.92m NOK 2.01m NOK
-79.8%
Total assets
34.80m NOK 30.38m NOK
-12.7%

What improved

  • ↑

    Operating result improved

    Operating result -34.2k NOK → -12.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 30.25m NOK → 30.33m NOK (equity ratio 86.9% → 99.9%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +14.67m NOK → +79.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 9.92m NOK → 2.01m NOK (-79.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (9.92m NOK → 2.01m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 16.31m NOK → 17.50m NOK. Reported fact