7SENSE GROUP AS: årsregnskap 2014 vs 2013
Shrank 98% on revenue, weaker earnings, fresh owner capital
approved 2015-03-09; registry 2015-03-16; journal 2015 325772
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 7SENSE GROUP AS. Revenue 6.76m NOK → 149.2k NOK (-97.8%). Net result +421.5k NOK → +303.9k NOK. Equity 409.9k NOK → 1.71m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7SENSE GROUP AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 409.9k NOK → 1.71m NOK (equity ratio 13.7% → 83.5%). Calculated
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↑
Cash rose
Bank deposits 909.8k NOK → 8.30m NOK (+811.8% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 440 NOK → 440.0k NOK (+439.6k NOK). Reported fact
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↑
Payroll decreased
Salary cost 5.08m NOK → 5 NOK (75% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.76m NOK to 149.2k NOK (-97.8% YoY). Calculated
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↓
Operating result weakened
Operating result +503.8k NOK → -39.4k NOK (op. margin 7.5% → -26.4%). Calculated
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↓
Net result weakened
Net result +421.5k NOK → +303.9k NOK (net margin 6.2% → 203.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 120.0k NOK → 475.6k NOK. Reported fact