Org.nr 998 295 521 2016 → 2017 Year-over-year analysis

7SENSE GROUP AS: årsregnskap 2017 vs 2016

Slipped into loss

approved 2018-05-22; registry 2018-06-06; journal 2018 418500

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 7SENSE GROUP AS. Net result +124.2k NOK → -742.8k NOK. Equity 1.76m NOK → 1.01m NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7SENSE GROUP AS.

Scorecard

Operating result
-76.8k NOK -43.9k NOK
+42.9%
Net result
+124.2k NOK -742.8k NOK
-698.0%
Equity
1.76m NOK 1.01m NOK
-42.3%
Cash
2 184 NOK 2 288 NOK
+4.8%
Total assets
2.92m NOK 2.09m NOK
-28.5%

What improved

  • ↑

    Operating result improved

    Operating result -76.8k NOK → -43.9k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 124.2k NOK profit to a loss of 742.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.76m NOK → 1.01m NOK (equity ratio 60.1% → 48.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.49× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.68m NOK → 2.07m NOK. Reported fact