7WAVES AS: årsregnskap 2017 vs 2016
Grew 162% on revenue
approved 2018-06-18; registry 2018-08-07; journal 2018 874480
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 7WAVES AS. Revenue 6.71m NOK → 17.62m NOK (+162.5%). Equity 1.80m NOK → 2.09m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 7WAVES AS.
At a glance
Scorecard
Revenue
6.71m NOK
17.62m NOK
+162.5%
Net result
n/m
+3.59m NOK
—
Equity
1.80m NOK
2.09m NOK
+16.2%
Cash
1.67m NOK
2.96m NOK
+77.2%
Total assets
3.32m NOK
9.62m NOK
+189.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.71m NOK to 17.62m NOK (+162.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.80m NOK → 2.09m NOK (equity ratio 54.1% → 21.7%). Calculated
-
↑
Cash rose
Bank deposits 1.67m NOK → 2.96m NOK (+77.2% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 1.25m NOK → 3.85m NOK (+208.6% YoY). Calculated