7S-TECHNOLOGY AS: årsregnskap 2017 vs 2016
Shrank 85% on revenue, stronger earnings
approved 2018-06-25; registry 2018-06-28; journal 2018 586568
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 7S-TECHNOLOGY AS. Revenue 329.8k NOK → 50.0k NOK (-84.8%). Net result +8 000 NOK → +142.0k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
329.8k NOK
50.0k NOK
-84.8%
Operating result
+102.5k NOK
-53.3k NOK
-152.0%
Net result
+8 000 NOK
+142.0k NOK
+1674.4%
Equity
-289.4k NOK
n/m
—
Cash
4 159 NOK
10.6k NOK
+156.0%
Total assets
n/m
1.07m NOK
—
What improved
-
↑
Net result improved
Net result +8 000 NOK → +142.0k NOK (net margin 2.4% → 283.9%). Calculated
-
↑
Cash rose
Bank deposits 4 159 NOK → 10.6k NOK (+156.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 329.8k NOK to 50.0k NOK (-84.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +102.5k NOK → -53.3k NOK (op. margin 31.1% → -106.6%). Calculated