FirmaIQ
Org.nr 996 745 791 2018 → 2019 Year-over-year analysis

7WAVES AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-03-26; registry 2020-08-27; journal 2020 699242

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 7WAVES AS. Revenue 50.15m NOK → 50.06m NOK (-0.2%). Net result +8.71m NOK → +7.44m NOK. Equity 5.80m NOK → 7.23m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 7WAVES AS.

At a glance

Scorecard

Revenue
50.15m NOK 50.06m NOK
-0.2%
Operating result
n/m +9.65m NOK
—
Net result
+8.71m NOK +7.44m NOK
-14.6%
Equity
5.80m NOK 7.23m NOK
+24.8%
Cash
10.43m NOK 10.36m NOK
-0.7%
Total assets
25.60m NOK 32.77m NOK
+28.0%

What improved

  • ↑

    Equity strengthened

    Book equity 5.80m NOK → 7.23m NOK (equity ratio 22.6% → 22.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 50.15m NOK to 50.06m NOK (-0.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +8.71m NOK → +7.44m NOK (net margin 17.4% → 14.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.43m NOK → 10.36m NOK (-0.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.55m NOK → 8.07m NOK (-23.5% YoY). Calculated