FirmaIQ
Org.nr 996 745 791 2021 → 2022 Year-over-year analysis

7WAVES AS: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

approved 2023-06-29; registry 2023-08-02; journal 2023 635769

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 7WAVES AS. Revenue 55.96m NOK → 54.32m NOK (-2.9%). Net result +7.62m NOK → +3.34m NOK. Equity 8.94m NOK → 4.27m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 7WAVES AS.

At a glance

Scorecard

Revenue
55.96m NOK 54.32m NOK
-2.9%
Operating result
+9.89m NOK +4.27m NOK
-56.8%
Net result
+7.62m NOK +3.34m NOK
-56.2%
Equity
8.94m NOK 4.27m NOK
-52.2%
Cash
18.78m NOK 8.28m NOK
-55.9%
Total assets
38.24m NOK 28.35m NOK
-25.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 55.96m NOK to 54.32m NOK (-2.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +9.89m NOK → +4.27m NOK (op. margin 17.7% → 7.9%). Calculated

  • ↓

    Net result weakened

    Net result +7.62m NOK → +3.34m NOK (net margin 13.6% → 6.1%). Calculated

  • ↓

    Equity eroded

    Book equity 8.94m NOK → 4.27m NOK (equity ratio 23.4% → 15.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 18.78m NOK → 8.28m NOK (-55.9% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 28 → 29. Reported fact