FirmaIQ
Org.nr 922 330 158 2020 → 2021 Year-over-year analysis

7FJELL EIENDOMSUTVIKLING AS: årsregnskap 2021 vs 2020

Shrank 91% on revenue, slipped into loss

approved 2022-06-16; registry 2022-07-02; journal 2022 557846

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 7FJELL EIENDOMSUTVIKLING AS. Revenue 24.59m NOK → 2.26m NOK (-90.8%). Net result +6.29m NOK → -1.14m NOK. Equity 6.34m NOK → 5.20m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
24.59m NOK 2.26m NOK
-90.8%
Operating result
+129.9k NOK -1.39m NOK
-1167.9%
Net result
+6.29m NOK -1.14m NOK
-118.2%
Equity
6.34m NOK 5.20m NOK
-18.0%
Cash
176.6k NOK 740.6k NOK
+319.3%
Total assets
26.20m NOK 14.11m NOK
-46.1%

What improved

  • ↑

    Cash rose

    Bank deposits 176.6k NOK → 740.6k NOK (+319.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.59m NOK to 2.26m NOK (-90.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +129.9k NOK → -1.39m NOK (op. margin 0.5% → -61.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 6.29m NOK profit to a loss of 1.14m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.34m NOK → 5.20m NOK (equity ratio 24.2% → 36.8%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 16.4k NOK → 1.38m NOK (+8343.2% YoY). Calculated