FirmaIQ
Org.nr 913 110 846 2015 → 2016 Year-over-year analysis

7 SEAS TECHNOLOGY AS: årsregnskap 2016 vs 2015

Grew 1758% on revenue, stronger earnings

approved 2017-05-30; registry 2017-06-29; journal 2017 560277

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 7 SEAS TECHNOLOGY AS. Revenue 29.9k NOK → 554.6k NOK (+1757.8%). Net result +6 473 NOK → +86.7k NOK. Equity 95.1k NOK → 181.8k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
29.9k NOK 554.6k NOK
+1757.8%
Operating result
+8 335 NOK +115.6k NOK
+1286.8%
Net result
+6 473 NOK +86.7k NOK
+1239.3%
Equity
95.1k NOK 181.8k NOK
+91.2%
Cash
19.7k NOK 44.7k NOK
+127.2%
Total assets
146.9k NOK 280.9k NOK
+91.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.9k NOK to 554.6k NOK (+1757.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8 335 NOK → +115.6k NOK (op. margin 27.9% → 20.8%). Calculated

  • ↑

    Net result improved

    Net result +6 473 NOK → +86.7k NOK (net margin 21.7% → 15.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 95.1k NOK → 181.8k NOK (equity ratio 64.7% → 64.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.7k NOK → 44.7k NOK (+127.2% YoY). Calculated