Org.nr 827 010 332 2021 → 2022 Year-over-year analysis

7SIS AS: årsregnskap 2022 vs 2021

Shrank 98% on revenue, slipped into loss

approved 2023-03-15; registry 2023-03-20; journal 2023 330237

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 7SIS AS. Revenue 110.4k NOK → 2 640 NOK (-97.6%). Net result +63.3k NOK → -38.2k NOK. Equity 87.7k NOK → 49.5k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 7SIS AS.

Scorecard

Revenue
110.4k NOK 2 640 NOK
-97.6%
Operating result
+79.5k NOK -38.5k NOK
-148.4%
Net result
+63.3k NOK -38.2k NOK
-160.4%
Equity
87.7k NOK 49.5k NOK
-43.6%
Cash
49.1k NOK 80.7k NOK
+64.5%
Total assets
335.0k NOK 280.5k NOK
-16.3%

What improved

  • ↑

    Cash rose

    Bank deposits 49.1k NOK → 80.7k NOK (+64.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 110.4k NOK to 2 640 NOK (-97.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +79.5k NOK → -38.5k NOK (op. margin 72.1% → -1458.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 63.3k NOK profit to a loss of 38.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 87.7k NOK → 49.5k NOK (equity ratio 26.2% → 17.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 27.1k NOK → 3 803 NOK (-86.0% YoY). Calculated