Org.nr 930 706 752 2023 → 2024 Year-over-year analysis

7STARSEAFOOD AS: årsregnskap 2024 vs 2023

Weaker earnings, cash halved-plus

approved 2025-05-29; registry 2025-06-02; journal 2025 497873

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 7STARSEAFOOD AS. Revenue 40.0k NOK → 40.0k NOK (0.0%). Net result -10.6k NOK → -71.2k NOK. Equity 19.4k NOK → -51.8k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7STARSEAFOOD AS.

Scorecard

Revenue
40.0k NOK 40.0k NOK
0.0%
Operating result
-10.6k NOK -71.3k NOK
-575.6%
Net result
-10.6k NOK -71.2k NOK
-574.6%
Equity
19.4k NOK -51.8k NOK
-366.2%
Cash
6 134 NOK 1 429 NOK
-76.7%
Total assets
26.1k NOK 21.4k NOK
-18.0%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.6k NOK → -71.3k NOK (op. margin -26.4% → -178.3%). Calculated

  • ↓

    Net result weakened

    Net result -10.6k NOK → -71.2k NOK (net margin -26.4% → -178.0%). Calculated

  • ↓

    Equity eroded

    Book equity 19.4k NOK → -51.8k NOK (equity ratio 74.4% → -241.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 6 134 NOK → 1 429 NOK (-76.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.91× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -241.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation