7OCEAN HOLDING AS: årsregnskap 2021 vs 2020
Grew 59% on revenue, returned to profit
approved 2022-04-04; registry 2022-04-23; journal 2022 213993
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 7OCEAN HOLDING AS. Revenue 584.4k NOK → 929.0k NOK (+59.0%). Net result -23.3k NOK → +1.85m NOK. Equity 70.4k NOK → 4.63m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 7OCEAN HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 584.4k NOK to 929.0k NOK (+59.0% YoY). Calculated
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Operating result improved
Operating result +5 705 NOK → +173.4k NOK (op. margin 1.0% → 18.7%). Calculated
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Turned profitable
Net result flipped from a loss of 23.3k NOK to a profit of 1.85m NOK. Calculated
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Equity strengthened
Book equity 70.4k NOK → 4.63m NOK (equity ratio 10.0% → 151.5%). Calculated
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Cash rose
Bank deposits 141.9k NOK → 159.3k NOK (+12.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 120.0k NOK → 1.97m NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 2 → 0. Reported fact