7OCEAN AS: årsregnskap 2018 vs 2017
Grew 18% on revenue
approved 2019-06-14; registry 2019-07-01; journal 2019 564316
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 7OCEAN AS. Revenue 14.37m NOK → 16.89m NOK (+17.6%). Equity 13 NOK → 1.24m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 7OCEAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.37m NOK to 16.89m NOK (+17.6% YoY). Calculated
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↑
Equity strengthened
Book equity 13 NOK → 1.24m NOK (equity ratio 0.0% → 21.2%). Calculated
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↑
Cash rose
Bank deposits 414.3k NOK → 1.86m NOK (+349.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 14.07m NOK (0% → 83% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.02m NOK → 3 304 NOK (-99.8% YoY). Calculated