FirmaIQ
Org.nr 994 627 643 2010 → 2011 Year-over-year analysis

7S-TECHNOLOGY AS: årsregnskap 2011 vs 2010

Weaker earnings

approved 2012-08-25; registry 2012-09-13; journal 2012 771684

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for 7S-TECHNOLOGY AS. Revenue 50.0k NOK → 50.0k NOK (0.0%). Net result -26.2k NOK → -126.9k NOK. Equity 350.4k NOK → 223.5k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 7S-TECHNOLOGY AS.

At a glance

Scorecard

Revenue
50.0k NOK 50.0k NOK
0.0%
Net result
-26.2k NOK -126.9k NOK
-385.0%
Equity
350.4k NOK 223.5k NOK
-36.2%
Cash
121.2k NOK 166.7k NOK
+37.5%
Total assets
1.43m NOK 1.29m NOK
-9.9%

What improved

  • ↑

    Cash rose

    Bank deposits 121.2k NOK → 166.7k NOK (+37.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.64× → 12.09×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -26.2k NOK → -126.9k NOK (net margin -52.3% → -253.8%). Calculated

  • ↓

    Equity eroded

    Book equity 350.4k NOK → 223.5k NOK (equity ratio 24.5% → 17.3%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 423.8k NOK → 296.9k NOK — check capital reduction, conversion, or reclassification. Interpretation