7DESIGN AS: årsregnskap 2013 vs 2012
Grew 59476% on revenue
approved 2014-04-01; registry 2014-04-05; journal 2014 342587
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 7DESIGN AS. Revenue 1 169 NOK → 696.4k NOK (+59476.2%). Equity -136.7k NOK → -210.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 7DESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 169 NOK to 696.4k NOK (+59476.2% YoY). Calculated
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↑
Cash rose
Bank deposits 135.2k NOK → 153.1k NOK (+13.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +32.5k NOK → -59.8k NOK (op. margin 2781.0% → -8.6%). Calculated
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↓
Equity eroded
Book equity -136.7k NOK → -210.4k NOK (equity ratio -33.8% → -55.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -55.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.17m NOK → 2.19m NOK (185792% → 314% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 781.6k NOK → 401.5k NOK (-48.6% YoY). Calculated