FirmaIQ
Org.nr 913 110 846 2014 → 2015 Year-over-year analysis

7 SEAS TECHNOLOGY AS: årsregnskap 2015 vs 2014

Grew 273% on revenue

approved 2016-05-27; registry 2016-06-22; journal 2016 551805

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 7 SEAS TECHNOLOGY AS. Revenue 8 000 NOK → 29.9k NOK (+273.1%). Net result +7 415 NOK → +6 473 NOK. Equity 88.6k NOK → 95.1k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7 SEAS TECHNOLOGY AS.

At a glance

Scorecard

Revenue
8 000 NOK 29.9k NOK
+273.1%
Operating result
-1 452 NOK +8 335 NOK
+674.0%
Net result
+7 415 NOK +6 473 NOK
-12.7%
Equity
88.6k NOK 95.1k NOK
+7.3%
Cash
11.3k NOK 19.7k NOK
+73.6%
Total assets
138.6k NOK 146.9k NOK
+6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8 000 NOK to 29.9k NOK (+273.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1 452 NOK → +8 335 NOK (op. margin -18.1% → 27.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 88.6k NOK → 95.1k NOK (equity ratio 63.9% → 64.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.3k NOK → 19.7k NOK (+73.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6 127 NOK → 127.2k NOK. Reported fact