7SENSE TECHNOLOGIES AS: årsregnskap 2021 vs 2020
Grew 28% on revenue, returned to profit
approved 2022-05-23; registry 2022-08-01; journal 2022 761620
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 7SENSE TECHNOLOGIES AS. Revenue 8.72m NOK → 11.16m NOK (+28.0%). Net result -38.9k NOK → +1.00m NOK. Equity 2.03m NOK → 2.29m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 7SENSE TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.72m NOK to 11.16m NOK (+28.0% YoY). Calculated
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↑
Operating result improved
Operating result -6 772 NOK → +1.27m NOK (op. margin -0.1% → 11.3%). Calculated
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Turned profitable
Net result flipped from a loss of 38.9k NOK to a profit of 1.00m NOK. Calculated
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Equity strengthened
Book equity 2.03m NOK → 2.29m NOK (equity ratio 49.9% → 44.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 348.9k NOK → 341.4k NOK (-2.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 6.23m NOK → 7.69m NOK (71% → 69% of revenue). Calculated
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COGS moved
COGS / varekostnad 745.6k NOK → 755.2k NOK (+1.3% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 6 → 7. Reported fact