Org.nr 996 745 791 2011 → 2012 Year-over-year analysis

7WAVES AS: årsregnskap 2012 vs 2011

Grew 126875% on revenue

approved 2013-05-06; registry 2013-05-21; journal 2013 395880

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for 7WAVES AS. Revenue 2 208 NOK → 2.80m NOK (+126874.6%). Equity 1 013 NOK → 9.46m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for 7WAVES AS.

Scorecard

Revenue
2 208 NOK 2.80m NOK
+126874.6%
Equity
1 013 NOK 9.46m NOK
+933868.4%
Cash
888.2k NOK 912.6k NOK
+2.7%
Total assets
2 022 NOK 2.49m NOK
+123126.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 208 NOK to 2.80m NOK (+126874.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1 013 NOK → 9.46m NOK (equity ratio 50.1% → 379.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 888.2k NOK → 912.6k NOK (+2.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 120 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 3 488 NOK → 1.58m NOK (158% → 56% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 72.8k NOK → 6 364 NOK (-91.3% YoY). Calculated