7S-TECHNOLOGY AS: årsregnskap 2012 vs 2011
Shrank 39% on revenue, cash halved-plus, fresh owner capital
approved 2013-08-26; registry 2013-08-28; journal 2013 710768
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 7S-TECHNOLOGY AS. Revenue 50.0k NOK → 30.4k NOK (-39.1%). Equity 223.5k NOK → 110.5k NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 296.9k NOK → 423.8k NOK (+126.9k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 50.0k NOK to 30.4k NOK (-39.1% YoY). Calculated
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↓
Equity eroded
Book equity 223.5k NOK → 110.5k NOK (equity ratio 17.3% → 87.9%). Calculated
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↓
Cash fell
Bank deposits 166.7k NOK → 20.7k NOK (-87.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 12.09× → -3.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated