FirmaIQ
Org.nr 828 444 522 2022 → 2023 Year-over-year analysis

7SENSE PRODUCTS AS: årsregnskap 2023 vs 2022

Grew 171558% on revenue, slipped into loss

registry 2024-07-17; journal 2024 646596

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 7SENSE PRODUCTS AS. Revenue 5 175 NOK → 8.88m NOK (+171558.3%). Net result +848.7k NOK → -4 097 NOK. Equity 1.10m NOK → 939.2k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
5 175 NOK 8.88m NOK
+171558.3%
Operating result
+1 160 NOK +108.5k NOK
+9251.1%
Net result
+848.7k NOK -4 097 NOK
-100.5%
Equity
1.10m NOK 939.2k NOK
-14.7%
Cash
1 012 NOK 914.3k NOK
+90245.2%
Total assets
5.76m NOK 4.32m NOK
-25.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5 175 NOK to 8.88m NOK (+171558.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 160 NOK → +108.5k NOK (op. margin 22.4% → 1.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 012 NOK → 914.3k NOK (+90245.2% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 848.7k NOK profit to a loss of 4 097 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.10m NOK → 939.2k NOK (equity ratio 19.1% → 21.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3 144 NOK → 6.96m NOK (+221267.6% YoY). Calculated