Org.nr 915 963 285 2016 → 2017 Year-over-year analysis

7DAYS AS: årsregnskap 2017 vs 2016

Grew 137217% on revenue

approved 2018-05-30; registry 2018-06-07; journal 2018 431672

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 7DAYS AS. Revenue 2 659 NOK → 3.65m NOK (+137217.4%). Equity 9.47m NOK → 470.4k NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 7DAYS AS.

At a glance

Revenue

2 659 NOK 3.65m NOK

+137217.4%

Operating result

+626.5k NOK +23.3k NOK

-96.3%

Equity

9.47m NOK 470.4k NOK

-95.0%

Cash

549.6k NOK 421.1k NOK

-23.4%

Total assets

369.3k NOK 810.8k NOK

+119.5%

↑
Revenue rose

Operating income / revenue moved from 2 659 NOK to 3.65m NOK (+137217.4% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.92× → 2.38×. Calculated

↓
Operating result weakened

Operating result +626.5k NOK → +23.3k NOK (op. margin 23561.5% → 0.6%). Calculated
↓
Equity eroded

Book equity 9.47m NOK → 470.4k NOK (equity ratio 2563.0% → 58.0%). Calculated
↓
Cash fell

Bank deposits 549.6k NOK → 421.1k NOK (-23.4% YoY). Calculated

·
COGS moved

COGS / varekostnad 135.6k NOK → 2.27m NOK (+1572.3% YoY). Calculated