Org.nr 991 386 092 2021 → 2022 Year-over-year analysis

7N NORGE AS: årsregnskap 2022 vs 2021

Grew 31% on revenue, stronger earnings

approved 2023-03-31; registry 2023-05-06; journal 2023 386265

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 7N NORGE AS. Revenue 67.00m NOK → 87.62m NOK (+30.8%). Net result +380.7k NOK → +526.8k NOK. Equity 4.33m NOK → 5.36m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 7N NORGE AS.

Scorecard

Revenue
67.00m NOK 87.62m NOK
+30.8%
Operating result
+633.3k NOK +771.1k NOK
+21.8%
Net result
+380.7k NOK +526.8k NOK
+38.4%
Equity
4.33m NOK 5.36m NOK
+23.7%
Cash
12.56m NOK 12.99m NOK
+3.4%
Total assets
n/m 28.01m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 67.00m NOK to 87.62m NOK (+30.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +633.3k NOK → +771.1k NOK (op. margin 0.9% → 0.9%). Calculated

  • ↑

    Net result improved

    Net result +380.7k NOK → +526.8k NOK (net margin 0.6% → 0.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.33m NOK → 5.36m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 12.56m NOK → 12.99m NOK (+3.4% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.22× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 55.28m NOK → 72.11m NOK (+30.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 4. Reported fact