FirmaIQ
Org.nr 989 186 787 2016 → 2017 Year-over-year analysis

7ERTSEN AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-05-22; registry 2018-07-30; journal 2018 837627

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 7ERTSEN AS. Equity 13.40m NOK → 17.61m NOK.

On the constructive side: equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 7ERTSEN AS.

At a glance

Scorecard

Net result
+6 NOK n/m
—
Equity
13.40m NOK 17.61m NOK
+31.4%
Cash
6.30m NOK 2.25m NOK
-64.3%
Total assets
13.46m NOK 17.72m NOK
+31.6%

What improved

  • ↑

    Equity strengthened

    Book equity 13.40m NOK → 17.61m NOK (equity ratio 99.5% → 99.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 6.30m NOK → 2.25m NOK (-64.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (6.30m NOK → 2.25m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 NOK → 714.7k NOK. Reported fact