7N NORGE AS: årsregnskap 2017 vs 2016
Grew 16% on revenue
approved 2018-04-06; registry 2018-05-09; journal 2018 310038
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 7N NORGE AS. Revenue 46.99m NOK → 54.44m NOK (+15.9%). Equity 2.11m NOK → 2.97m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 7N NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 46.99m NOK to 54.44m NOK (+15.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.11m NOK → 2.97m NOK (equity ratio 19.3% → 21.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.11× → 1.24×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.00m NOK → 612.5k NOK (-38.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.69m NOK → 5.45m NOK (10% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 39.25m NOK → 45.71m NOK (+16.5% YoY). Calculated