Org.nr 999 530 095 2016 → 2017 Year-over-year analysis

7OCEAN HOLDING AS: årsregnskap 2017 vs 2016

Shrank 21% on revenue

approved 2018-05-10; registry 2018-05-29; journal 2018 369925

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 7OCEAN HOLDING AS. Revenue 240.0k NOK → 188.5k NOK (-21.5%). Equity 237.4k NOK → 254.4k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
240.0k NOK 188.5k NOK
-21.5%
Operating result
+154.9k NOK n/m
—
Net result
+112.6k NOK n/m
—
Equity
237.4k NOK 254.4k NOK
+7.2%
Cash
279.7k NOK 210.9k NOK
-24.6%
Total assets
296.8k NOK 362.7k NOK
+22.2%

What improved

  • ↑

    Equity strengthened

    Book equity 237.4k NOK → 254.4k NOK (equity ratio 80.0% → 70.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 240.0k NOK to 188.5k NOK (-21.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 279.7k NOK → 210.9k NOK (-24.6% YoY). Calculated