7SIS AS: årsregnskap 2024 vs 2023
Grew 160% on revenue, weaker earnings
approved 2025-06-12; registry 2025-06-18; journal 2025 549991
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 7SIS AS. Revenue 38.8k NOK → 101.0k NOK (+160.3%). Net result -10.6k NOK → -94.0k NOK. Equity 38.9k NOK → -55.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 7SIS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 38.8k NOK to 101.0k NOK (+160.3% YoY). Calculated
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↑
Cash rose
Bank deposits 106.7k NOK → 173.0k NOK (+62.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -10.7k NOK → -94.0k NOK (op. margin -27.7% → -93.1%). Calculated
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↓
Net result weakened
Net result -10.6k NOK → -94.0k NOK (net margin -27.2% → -93.1%). Calculated
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↓
Equity eroded
Book equity 38.9k NOK → -55.0k NOK (equity ratio 14.4% → -30.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -30.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 36.5k NOK → 156.9k NOK (+330.3% YoY). Calculated