7FJELL GLASSERVICE AS: årsregnskap 2022 vs 2021
Returned to profit, cash halved-plus
approved 2023-05-09; registry 2023-05-22; journal 2023 410522
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 7FJELL GLASSERVICE AS. Revenue 4.15m NOK → 4.26m NOK (+2.6%). Net result -405.5k NOK → +186.2k NOK. Equity -62.9k NOK → 123.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 7FJELL GLASSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.15m NOK to 4.26m NOK (+2.6% YoY). Calculated
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Operating result improved
Operating result -405.6k NOK → +183.3k NOK (op. margin -9.8% → 4.3%). Calculated
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Turned profitable
Net result flipped from a loss of 405.5k NOK to a profit of 186.2k NOK. Calculated
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Equity strengthened
Book equity -62.9k NOK → 123.2k NOK (equity ratio -9.6% → 16.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.80× → 1.15×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 423.2k NOK → 113.1k NOK (-73.3% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.30m NOK → 2.39m NOK (+3.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact