7SENSE AGRITECH AS: årsregnskap 2021 vs 2020
Grew 9% on revenue, slipped into loss, cash halved-plus
registry 2022-08-01; journal 2022 761622
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 7SENSE AGRITECH AS. Revenue 5.57m NOK → 6.09m NOK (+9.4%). Net result +308.6k NOK → -470.5k NOK. Equity 1.34m NOK → 1.57m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for 7SENSE AGRITECH AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.57m NOK to 6.09m NOK (+9.4% YoY). Calculated
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Equity strengthened
Book equity 1.34m NOK → 1.57m NOK (equity ratio 30.2% → 28.1%). Calculated
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Owners injected capital
Paid-in equity rose 2.45m NOK → 3.14m NOK (+696.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +284.5k NOK → -424.3k NOK (op. margin 5.1% → -7.0%). Calculated
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Fell into a net loss
Net result flipped from 308.6k NOK profit to a loss of 470.5k NOK. Calculated
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Cash fell
Bank deposits 2.97m NOK → 414.1k NOK (-86.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.97m NOK → 414.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 1.32m NOK → 1.80m NOK (24% → 30% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.17m NOK → 3.64m NOK (+14.8% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 2 → 1.5. Reported fact