7OCEAN AS: årsregnskap 2014 vs 2013
Shrank 22% on revenue
approved 2015-05-19; registry 2015-06-11; journal 2015 450927
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 7OCEAN AS. Revenue 38.12m NOK → 29.64m NOK (-22.2%). Equity 1.84m NOK → 2.66m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
38.12m NOK
29.64m NOK
-22.2%
Equity
1.84m NOK
2.66m NOK
+44.5%
Cash
4.14m NOK
4.61m NOK
+11.3%
Total assets
12.89m NOK
8.45m NOK
-34.5%
What improved
-
↑
Equity strengthened
Book equity 1.84m NOK → 2.66m NOK (equity ratio 14.3% → 31.5%). Calculated
-
↑
Cash rose
Bank deposits 4.14m NOK → 4.61m NOK (+11.3% YoY). Calculated
-
↑
Payroll decreased
Salary cost 27.90m NOK → 23.64m NOK (73% → 80% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 38.12m NOK to 29.64m NOK (-22.2% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 251.9k NOK → 407.6k NOK (+61.8% YoY). Calculated