FirmaIQ
Org.nr 913 077 369 2013 → 2014 Year-over-year analysis

7SENSE TECHNOLOGIES AS: årsregnskap 2014 vs 2013

Grew 828% on revenue, weaker earnings, fresh owner capital

approved 2015-03-09; registry 2015-03-11; journal 2015 323221

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for 7SENSE TECHNOLOGIES AS. Revenue 951 NOK → 8 825 NOK (+828.0%). Net result +3.10m NOK → +595.0k NOK. Equity 0 NOK → 1.29m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
951 NOK 8 825 NOK
+828.0%
Net result
+3.10m NOK +595.0k NOK
-80.8%
Equity
0 NOK 1.29m NOK
—
Cash
548 NOK 3 806 NOK
+594.5%
Total assets
0 NOK 3.10m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 951 NOK to 8 825 NOK (+828.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 1.29m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 548 NOK → 3 806 NOK (+594.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.73× → 1696.21×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 0 NOK → 1 030 NOK (+1 030 NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +3.10m NOK → +595.0k NOK (net margin 325639.0% → 6742.2%). Calculated