Org.nr 927 966 611 2023 → 2024 Year-over-year analysis

7TECHNOLOGIES AS: årsregnskap 2024 vs 2023

Grew 13% on revenue, stronger earnings

approved 2025-05-12; registry 2025-05-14; journal 2025 432300

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 7TECHNOLOGIES AS. Revenue 2.07m NOK → 2.34m NOK (+13.1%). Net result +82.6k NOK → +206.8k NOK. Equity 616.6k NOK → 823.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 7TECHNOLOGIES AS.

Scorecard

Revenue
2.07m NOK 2.34m NOK
+13.1%
Operating result
+86.6k NOK +262.3k NOK
+202.8%
Net result
+82.6k NOK +206.8k NOK
+150.3%
Equity
616.6k NOK 823.5k NOK
+33.5%
Cash
261.0k NOK 629.3k NOK
+141.1%
Total assets
913.2k NOK 171.8k NOK
-81.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.07m NOK to 2.34m NOK (+13.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +86.6k NOK → +262.3k NOK (op. margin 4.2% → 11.2%). Calculated

  • ↑

    Net result improved

    Net result +82.6k NOK → +206.8k NOK (net margin 4.0% → 8.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 616.6k NOK → 823.5k NOK (equity ratio 67.5% → 479.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 261.0k NOK → 629.3k NOK (+141.1% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.08× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 422.3k NOK → 470.1k NOK (20% → 20% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.27m NOK → 1.23m NOK (-2.6% YoY). Calculated