8 SEASONS AS: årsregnskap 2021 vs 2020
Grew 45% on revenue, returned to profit
approved 2022-05-31; registry 2022-06-16; journal 2022 460107
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 8 SEASONS AS. Revenue 658.1k NOK → 953.0k NOK (+44.8%). Net result -283.6k NOK → +37.3k NOK. Equity -255.9k NOK → -218.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 8 SEASONS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 658.1k NOK to 953.0k NOK (+44.8% YoY). Calculated
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Operating result improved
Operating result -282.8k NOK → +37.5k NOK (op. margin -43.0% → 3.9%). Calculated
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Turned profitable
Net result flipped from a loss of 283.6k NOK to a profit of 37.3k NOK. Calculated
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Equity strengthened
Book equity -255.9k NOK → -218.6k NOK (equity ratio -119.6% → -65.3%). Calculated
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Cash rose
Bank deposits 53.6k NOK → 5.15m NOK (+9523.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 6 234 NOK → 387.9k NOK (1% → 41% of revenue). Calculated
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COGS moved
COGS / varekostnad 4 463 NOK → 35.9k NOK (+704.2% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0.5 → 1. Reported fact