Org.nr 995 856 166 2014 → 2015 Year-over-year analysis

24SEVENOFFICE NC AS: årsregnskap 2015 vs 2014

Shrank 100% on revenue, fresh owner capital

approved 2016-05-31; registry 2016-06-14; journal 2016 514486

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for 24SEVENOFFICE NC AS. Revenue 4.50m NOK → 4 503 NOK (-99.9%). Equity 236.7k NOK → 210.6k NOK.

On the constructive side: cash rose; owners injected capital; payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 24SEVENOFFICE NC AS.

Scorecard

Revenue
4.50m NOK 4 503 NOK
-99.9%
Equity
236.7k NOK 210.6k NOK
-11.0%
Cash
14.0k NOK 31.0k NOK
+122.0%
Total assets
10.61m NOK 2.56m NOK
-75.8%

What improved

  • ↑

    Cash rose

    Bank deposits 14.0k NOK → 31.0k NOK (+122.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 65.5k NOK → 210.6k NOK (+145.2k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 91.3k NOK → 5 NOK (2% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.50m NOK to 4 503 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 236.7k NOK → 210.6k NOK (equity ratio 2.2% → 8.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 10.23× → 0.22× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 16.5k NOK → 513.5k NOK. Reported fact