FirmaIQ
Org.nr 922 631 034 2020 → 2021 Year-over-year analysis

7OCEANS AS: årsregnskap 2021 vs 2020

Grew 149% on revenue, stronger earnings

registry 2022-08-27; journal 2022 902600

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 7OCEANS AS. Revenue 160.5k NOK → 399.4k NOK (+148.9%). Net result +162.7k NOK → +831.8k NOK. Equity 15.45m NOK → 16.13m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 7OCEANS AS.

At a glance

Scorecard

Revenue
160.5k NOK 399.4k NOK
+148.9%
Operating result
-215.4k NOK +555.4k NOK
+357.9%
Net result
+162.7k NOK +831.8k NOK
+411.3%
Equity
15.45m NOK 16.13m NOK
+4.4%
Cash
3.66m NOK 7.36m NOK
+101.0%
Total assets
23.19m NOK 21.19m NOK
-8.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 160.5k NOK to 399.4k NOK (+148.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -215.4k NOK → +555.4k NOK (op. margin -134.2% → 139.1%). Calculated

  • ↑

    Net result improved

    Net result +162.7k NOK → +831.8k NOK (net margin 101.4% → 208.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 15.45m NOK → 16.13m NOK (equity ratio 66.6% → 76.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.66m NOK → 7.36m NOK (+101.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 888 NOK → 7 414 NOK (+734.9% YoY). Calculated