Org.nr 913 036 999 2015 → 2016 Year-over-year analysis

7SENSE AGRITECH AS: årsregnskap 2016 vs 2015

Grew 71% on revenue

approved 2017-06-20; registry 2017-06-24; journal 2017 525983

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 7SENSE AGRITECH AS. Revenue 1.85m NOK → 3.16m NOK (+70.9%). Equity -543.4k NOK → 115.4k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for 7SENSE AGRITECH AS.

Scorecard

Revenue
1.85m NOK 3.16m NOK
+70.9%
Operating result
n/m +171.6k NOK
—
Net result
n/m +52.5k NOK
—
Equity
-543.4k NOK 115.4k NOK
+121.2%
Cash
44.0k NOK 46.0k NOK
+4.6%
Total assets
1.85m NOK 2.75m NOK
+48.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.85m NOK to 3.16m NOK (+70.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -543.4k NOK → 115.4k NOK (equity ratio -29.3% → 4.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 44.0k NOK → 46.0k NOK (+4.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 433.3k NOK → 39.6k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 896.8k NOK → 835.9k NOK (-6.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 23.1k NOK → 15.4k NOK. Reported fact