FirmaIQ
Org.nr 994 627 643 2012 → 2013 Year-over-year analysis

7S-TECHNOLOGY AS: årsregnskap 2013 vs 2012

Shrank 73% on revenue, cash halved-plus

approved 2014-10-03; registry 2014-10-06; journal 2014 862722

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 7S-TECHNOLOGY AS. Revenue 30.4k NOK → 8 260 NOK (-72.9%). Equity 110.5k NOK → -4 628 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
30.4k NOK 8 260 NOK
-72.9%
Equity
110.5k NOK -4 628 NOK
-104.2%
Cash
20.7k NOK 4 416 NOK
-78.6%
Total assets
125.7k NOK 1.04m NOK
+727.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.4k NOK to 8 260 NOK (-72.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 110.5k NOK → -4 628 NOK (equity ratio 87.9% → -0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.7k NOK → 4 416 NOK (-78.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation