7SENSE TECHNOLOGIES AS: årsregnskap 2022 vs 2021
Grew 7% on revenue, weaker earnings
approved 2023-06-22; registry 2023-07-08; journal 2023 561301
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 7SENSE TECHNOLOGIES AS. Revenue 11.16m NOK → 11.89m NOK (+6.5%). Net result +1.00m NOK → +56.5k NOK. Equity 2.29m NOK → 2.22m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell; 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 11.16m NOK to 11.89m NOK (+6.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.27m NOK → +113.5k NOK (op. margin 11.3% → 1.0%). Calculated
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↓
Net result weakened
Net result +1.00m NOK → +56.5k NOK (net margin 9.0% → 0.5%). Calculated
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↓
Equity eroded
Book equity 2.29m NOK → 2.22m NOK (equity ratio 44.8% → 49.6%). Calculated
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↓
Cash fell
Bank deposits 341.4k NOK → 326.6k NOK (-4.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.69m NOK → 8.91m NOK (69% → 75% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 755.2k NOK → 1 025 NOK (-99.9% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 7 → 8. Reported fact