7DESIGN AS: årsregnskap 2016 vs 2015
Shrank 100% on revenue
approved 2017-04-24; registry 2017-05-30; journal 2017 359233
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 7DESIGN AS. Revenue 416.1k NOK → 1 198 NOK (-99.7%). Equity -419.1k NOK → -124.4k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -419.1k NOK → -124.4k NOK (equity ratio -200.6% → -64.9%). Calculated
-
↑
Cash rose
Bank deposits 41.2k NOK → 74.8k NOK (+81.3% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.75× → 1.74×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 416.1k NOK to 1 198 NOK (-99.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 2.18m NOK (0% → 182221% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 163.4k NOK → 530.9k NOK (+224.8% YoY). Calculated