Org.nr 991 386 092 2020 → 2021 Year-over-year analysis

7N NORGE AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-03-21; registry 2022-07-27; journal 2022 722066

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 7N NORGE AS. Revenue 64.46m NOK → 67.00m NOK (+3.9%). Net result -382.1k NOK → +380.7k NOK. Equity 3.95m NOK → 4.33m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 7N NORGE AS.

Scorecard

Revenue
64.46m NOK 67.00m NOK
+3.9%
Operating result
-321.5k NOK +633.3k NOK
+297.0%
Net result
-382.1k NOK +380.7k NOK
+199.6%
Equity
3.95m NOK 4.33m NOK
+9.6%
Cash
11.37m NOK 12.56m NOK
+10.5%
Total assets
20.84m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 64.46m NOK to 67.00m NOK (+3.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -321.5k NOK → +633.3k NOK (op. margin -0.5% → 0.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 382.1k NOK to a profit of 380.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.95m NOK → 4.33m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 11.37m NOK → 12.56m NOK (+10.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.56m NOK → 6.99m NOK (10% → 10% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 53.80m NOK → 55.28m NOK (+2.8% YoY). Calculated