7GENERATIONS AS: årsregnskap 2015 vs 2014
Shrank 34% on revenue
approved 2016-05-30; registry 2016-06-15; journal 2016 516818
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 7GENERATIONS AS. Revenue 369.6k NOK → 242.9k NOK (-34.3%). Equity -100.3k NOK → -180.7k NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7GENERATIONS AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -605.2k NOK → -76.2k NOK (op. margin -163.8% → -31.4%). Calculated
-
↑
Cash rose
Bank deposits 20.9k NOK → 26.1k NOK (+25.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 243.4k NOK → 1 NOK (66% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 369.6k NOK to 242.9k NOK (-34.3% YoY). Calculated
-
↓
Equity eroded
Book equity -100.3k NOK → -180.7k NOK (equity ratio -479.6% → -195.4%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 28.1k NOK → 13 NOK. Reported fact