Org.nr 989 079 417 2017 → 2018 Year-over-year analysis

7FJELL VENTURES AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-05-31; registry 2019-07-31; journal 2019 836317

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 7FJELL VENTURES AS. Net result +2.31m NOK → +14.93m NOK. Equity 11.77m NOK → 24.81m 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
-12.6k NOK -35.0k NOK
-177.8%
Net result
+2.31m NOK +14.93m NOK
+545.7%
Equity
11.77m NOK 24.81m NOK
+110.8%
Cash
76.4k NOK 50.0k NOK
-34.6%
Total assets
19.61m NOK 36.45m NOK
+85.9%

What improved

  • ↑

    Net result improved

    Net result +2.31m NOK → +14.93m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 11.77m NOK → 24.81m NOK (equity ratio 60.0% → 68.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.6k NOK → -35.0k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 76.4k NOK → 50.0k NOK (-34.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.89m NOK → 3.29m NOK. Reported fact