Org.nr 922 330 158 2021 → 2022 Year-over-year analysis

7FJELL EIENDOMSUTVIKLING AS: årsregnskap 2022 vs 2021

Shrank 77% on revenue, stronger earnings, cash halved-plus

approved 2023-05-04; registry 2023-05-10; journal 2023 396976

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 7FJELL EIENDOMSUTVIKLING AS. Revenue 2.26m NOK → 513.4k NOK (-77.3%). Net result -1.14m NOK → -25.2k NOK. Equity 5.20m NOK → 5.17m NOK.

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

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

Scorecard

Revenue
2.26m NOK 513.4k NOK
-77.3%
Operating result
-1.39m NOK +231.7k NOK
+116.7%
Net result
-1.14m NOK -25.2k NOK
+97.8%
Equity
5.20m NOK 5.17m NOK
-0.5%
Cash
740.6k NOK 237.7k NOK
-67.9%
Total assets
14.11m NOK 12.46m NOK
-11.7%

What improved

  • ↑

    Operating result improved

    Operating result -1.39m NOK → +231.7k NOK (op. margin -61.3% → 45.1%). Calculated

  • ↑

    Net result improved

    Net result -1.14m NOK → -25.2k NOK (net margin -50.6% → -4.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.26m NOK to 513.4k NOK (-77.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 5.20m NOK → 5.17m NOK (equity ratio 36.8% → 41.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 740.6k NOK → 237.7k NOK (-67.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4 447 NOK → 42.2k NOK (0% → 8% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.38m NOK → 4 500 NOK (-99.7% YoY). Calculated