FirmaIQ
Org.nr 922 330 158 2019 → 2020 Year-over-year analysis

7FJELL EIENDOMSUTVIKLING AS: årsregnskap 2020 vs 2019

Grew 9435% on revenue, stronger earnings

approved 2021-04-17; registry 2021-10-05; journal 2021 876422

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 7FJELL EIENDOMSUTVIKLING AS. Revenue 257.9k NOK → 24.59m NOK (+9434.9%). Net result +12.3k NOK → +6.29m NOK. Equity 52.4k NOK → 6.34m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 7FJELL EIENDOMSUTVIKLING AS.

At a glance

Scorecard

Revenue
257.9k NOK 24.59m NOK
+9434.9%
Operating result
+251.9k NOK +129.9k NOK
-48.4%
Net result
+12.3k NOK +6.29m NOK
+51032.9%
Equity
52.4k NOK 6.34m NOK
+12005.6%
Cash
1 536 NOK 176.6k NOK
+11398.2%
Total assets
4.91m NOK 26.20m NOK
+434.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 257.9k NOK to 24.59m NOK (+9434.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +12.3k NOK → +6.29m NOK (net margin 4.8% → 25.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 52.4k NOK → 6.34m NOK (equity ratio 1.1% → 24.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 536 NOK → 176.6k NOK (+11398.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +251.9k NOK → +129.9k NOK (op. margin 97.7% → 0.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 97 NOK → 16.4k NOK (+16803.1% YoY). Calculated