Org.nr 996 261 824 2010 → 2011 Year-over-year analysis

7OCEAN AS: årsregnskap 2011 vs 2010

Grew 1583% on revenue

approved 2012-05-24; registry 2012-06-12; journal 2012 419331

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for 7OCEAN AS. Revenue 423 NOK → 7 120 NOK (+1583.2%). Equity 6 100 NOK → 631.3k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
423 NOK 7 120 NOK
+1583.2%
Equity
6 100 NOK 631.3k NOK
+10249.7%
Cash
n/m 1.49m NOK
—
Total assets
107.0k NOK 872.0k NOK
+714.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 423 NOK to 7 120 NOK (+1583.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 6 100 NOK → 631.3k NOK (equity ratio 5.7% → 72.4%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 15.29× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated