FirmaIQ
Org.nr 989 079 417 2018 → 2019 Year-over-year analysis

7FJELL VENTURES AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-08-18; registry 2020-09-23; journal 2020 846274

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 7FJELL VENTURES AS. Net result +14.93m NOK → +761.1k NOK. Equity 24.81m NOK → 24.25m NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Operating result
-35.0k NOK -63.7k NOK
-82.3%
Net result
+14.93m NOK +761.1k NOK
-94.9%
Equity
24.81m NOK 24.25m NOK
-2.3%
Cash
50.0k NOK 564.8k NOK
+1030.5%
Total assets
36.45m NOK 34.27m NOK
-6.0%

What improved

  • ↑

    Cash rose

    Bank deposits 50.0k NOK → 564.8k NOK (+1030.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -35.0k NOK → -63.7k NOK. Calculated

  • ↓

    Net result weakened

    Net result +14.93m NOK → +761.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.81m NOK → 24.25m NOK (equity ratio 68.1% → 70.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.29m NOK → 2.90m NOK. Reported fact