7SENSE AGRITECH AS: årsregnskap 2015 vs 2014
Grew 137144% on revenue
approved 2016-06-15; registry 2016-06-29; journal 2016 596693
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 7SENSE AGRITECH AS. Revenue 1 347 NOK → 1.85m NOK (+137144.4%). Equity 344.2k NOK → -543.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 7SENSE AGRITECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 347 NOK to 1.85m NOK (+137144.4% YoY). Calculated
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↑
Cash rose
Bank deposits 2 262 NOK → 44.0k NOK (+1846.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 344.2k NOK → -543.4k NOK (equity ratio 26.2% → -29.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -29.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 702.6k NOK → 896.8k NOK (+27.7% YoY). Calculated