7S-TECHNOLOGY AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-07-21; registry 2022-07-25; journal 2022 771700
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 7S-TECHNOLOGY AS. Net result -217.3k NOK → -171.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-150.0k NOK
-115.8k NOK
+22.8%
Net result
-217.3k NOK
-171.4k NOK
+21.1%
Cash
14.6k NOK
5 528 NOK
-62.2%
Total assets
785.3k NOK
680.3k NOK
-13.4%
What improved
-
↑
Operating result improved
Operating result -150.0k NOK → -115.8k NOK. Calculated
-
↑
Net result improved
Net result -217.3k NOK → -171.4k NOK. Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 14.6k NOK → 5 528 NOK (-62.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated