Org.nr 976 813 332 1998 → 1999 Year-over-year analysis

24/7 EKSPRESS AS: årsregnskap 1999 vs 1998

Shrank 25% on revenue

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for 24/7 EKSPRESS AS. Revenue 7.38m NOK → 5.57m NOK (-24.6%). Equity 559.1k NOK → 570.5k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24/7 EKSPRESS AS.

At a glance

Revenue

7.38m NOK 5.57m NOK

-24.6%

Operating result

+115.3k NOK +115.0k NOK

-0.2%

Equity

559.1k NOK 570.5k NOK

+2.0%

Total assets

1.36m NOK 1.33m NOK

-1.8%

↑
Equity strengthened

Book equity 559.1k NOK → 570.5k NOK (equity ratio 41.2% → 42.7%). Calculated
↑
Payroll decreased

Salary cost 625.8k NOK → 596.0k NOK (8% → 11% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.38m NOK to 5.57m NOK (-24.6% YoY). Calculated
↓
Operating result weakened

Operating result +115.3k NOK → +115.0k NOK (op. margin 1.6% → 2.1%). Calculated