7SENSE TECHNOLOGIES AS: årsregnskap 2018 vs 2017
Grew 75% on revenue
approved 2019-06-26; registry 2019-07-06; journal 2019 622477
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 7SENSE TECHNOLOGIES AS. Revenue 5.22m NOK → 9.11m NOK (+74.5%). Equity 1.42m NOK → 1.81m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 7SENSE TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.22m NOK to 9.11m NOK (+74.5% YoY). Calculated
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↑
Operating result improved
Operating result +303.8k NOK → +1.46m NOK (op. margin 5.8% → 16.0%). Calculated
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↑
Equity strengthened
Book equity 1.42m NOK → 1.81m NOK (equity ratio 56.6% → 43.0%). Calculated
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↑
Cash rose
Bank deposits 157.9k NOK → 1.07m NOK (+575.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 184.1k NOK → 838.4k NOK (+355.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 040 NOK → 1.04m NOK. Reported fact