Org.nr 976 813 332 2016 → 2017 Year-over-year analysis

24/7 EKSPRESS AS: årsregnskap 2017 vs 2016

Grew 25% on revenue

approved 2018-07-17; registry 2018-07-25; journal 2018 775030

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 24/7 EKSPRESS AS. Revenue 3.52m NOK → 4.39m NOK (+24.6%). Equity 49.2k NOK → 1.88m 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 24/7 EKSPRESS AS.

At a glance

Revenue

3.52m NOK 4.39m NOK

+24.6%

Equity

49.2k NOK 1.88m NOK

+3729.2%

Cash

317.6k NOK 820.8k NOK

+158.5%

Total assets

59.1k NOK 2.99m NOK

+4966.2%

↑
Revenue rose

Operating income / revenue moved from 3.52m NOK to 4.39m NOK (+24.6% YoY). Calculated
↑
Equity strengthened

Book equity 49.2k NOK → 1.88m NOK (equity ratio 83.2% → 62.9%). Calculated
↑
Cash rose

Bank deposits 317.6k NOK → 820.8k NOK (+158.5% YoY). Calculated
↑
Payroll decreased

Salary cost 1.10m NOK → 1.08m NOK (31% → 25% of revenue). Calculated

·
COGS moved

COGS / varekostnad 367.9k NOK → 534.5k NOK (+45.3% YoY). Calculated