Org.nr 999 530 095 2015 → 2016 Year-over-year analysis

7OCEAN HOLDING AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-04-27; registry 2017-05-04; journal 2017 310480

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 7OCEAN HOLDING AS. Revenue 248.1k NOK → 240.0k NOK (-3.3%). Net result +6.12m NOK → +112.6k NOK. Equity 110.0k NOK → 237.4k NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
248.1k NOK 240.0k NOK
-3.3%
Operating result
+92.8k NOK +154.9k NOK
+67.0%
Net result
+6.12m NOK +112.6k NOK
-98.2%
Equity
110.0k NOK 237.4k NOK
+115.9%
Cash
13.1k NOK 279.7k NOK
+2033.4%
Total assets
214.7k NOK 296.8k NOK
+38.2%

What improved

  • ↑

    Operating result improved

    Operating result +92.8k NOK → +154.9k NOK (op. margin 37.4% → 64.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 110.0k NOK → 237.4k NOK (equity ratio 51.2% → 80.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.1k NOK → 279.7k NOK (+2033.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 248.1k NOK to 240.0k NOK (-3.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +6.12m NOK → +112.6k NOK (net margin 2466.0% → 46.9%). Calculated