FirmaIQ
Org.nr 912 102 262 2018 → 2019 Year-over-year analysis

7FJELL ENTREPRENØR AS: årsregnskap 2019 vs 2018

Grew 61% on revenue, cash halved-plus

approved 2020-09-21; registry 2020-10-17; journal 2020 947137

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 7FJELL ENTREPRENØR AS. Revenue 69.05m NOK → 111.07m NOK (+60.8%). Equity 9.72m NOK → 10.16m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for 7FJELL ENTREPRENØR AS.

At a glance

Scorecard

Revenue
69.05m NOK 111.07m NOK
+60.8%
Operating result
n/m +597.3k NOK
—
Net result
n/m +437.4k NOK
—
Equity
9.72m NOK 10.16m NOK
+4.5%
Cash
15.34m NOK 4.25m NOK
-72.3%
Total assets
33.26m NOK 29.29m NOK
-11.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 69.05m NOK to 111.07m NOK (+60.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 9.72m NOK → 10.16m NOK (equity ratio 29.2% → 34.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 15.34m NOK → 4.25m NOK (-72.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (15.34m NOK → 4.25m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 6.60m NOK → 10.09m NOK (10% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 56.22m NOK → 97.01m NOK (+72.6% YoY). Calculated