FirmaIQ
Org.nr 996 261 824 2012 → 2013 Year-over-year analysis

7OCEAN AS: årsregnskap 2013 vs 2012

Grew 112% on revenue

approved 2014-05-19; registry 2014-06-10; journal 2014 446040

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 7OCEAN AS. Revenue 17.94m NOK → 38.12m NOK (+112.5%). Equity 881.9k NOK → 1.84m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 7OCEAN AS.

At a glance

Scorecard

Revenue
17.94m NOK 38.12m NOK
+112.5%
Equity
881.9k NOK 1.84m NOK
+109.1%
Cash
4.35m NOK 4.14m NOK
-4.8%
Total assets
8.39m NOK 12.89m NOK
+53.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.94m NOK to 38.12m NOK (+112.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 881.9k NOK → 1.84m NOK (equity ratio 10.5% → 14.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.35m NOK → 4.14m NOK (-4.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 12.29m NOK → 27.90m NOK (69% → 73% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 386.7k NOK → 251.9k NOK (-34.9% YoY). Calculated