Org.nr 913 077 369 2014 → 2015 Year-over-year analysis

7SENSE TECHNOLOGIES AS: årsregnskap 2015 vs 2014

Grew 62796% on revenue, fresh owner capital

approved 2016-06-15; registry 2016-06-29; journal 2016 596705

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for 7SENSE TECHNOLOGIES AS. Revenue 8 825 NOK → 5.55m NOK (+62795.7%). Net result +595.0k NOK → +479.2k NOK. Equity 1.29m NOK → 807.8k NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: net result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 7SENSE TECHNOLOGIES AS.

Scorecard

Revenue
8 825 NOK 5.55m NOK
+62795.7%
Net result
+595.0k NOK +479.2k NOK
-19.5%
Equity
1.29m NOK 807.8k NOK
-37.2%
Cash
3 806 NOK 739.2k NOK
+19320.8%
Total assets
3.10m NOK 2.43m NOK
-21.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8 825 NOK to 5.55m NOK (+62795.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 3 806 NOK → 739.2k NOK (+19320.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 030 NOK → 1.03m NOK (+1.03m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +595.0k NOK → +479.2k NOK (net margin 6742.2% → 8.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.29m NOK → 807.8k NOK (equity ratio 41.6% → 33.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 161.6k NOK → 174.2k NOK (+7.8% YoY). Calculated