Org.nr 989 079 417 2015 → 2016 Year-over-year analysis

7FJELL VENTURES AS: årsregnskap 2016 vs 2015

Stronger earnings, cash halved-plus

approved 2017-06-30; registry 2017-08-03; journal 2017 822364

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 7FJELL VENTURES AS. Net result +2.40m NOK → +3.29m NOK. Equity 7.30m NOK → 10.09m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7FJELL VENTURES AS.

Scorecard

Operating result
-529 NOK -15.3k NOK
-2792.6%
Net result
+2.40m NOK +3.29m NOK
+37.3%
Equity
7.30m NOK 10.09m NOK
+38.2%
Cash
638.9k NOK 141.4k NOK
-77.9%
Total assets
7.30m NOK 13.23m NOK
+81.4%

What improved

  • ↑

    Net result improved

    Net result +2.40m NOK → +3.29m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 7.30m NOK → 10.09m NOK (equity ratio 100.0% → 76.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -529 NOK → -15.3k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 638.9k NOK → 141.4k NOK (-77.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.32m NOK → 3.31m NOK. Reported fact