24/7 EKSPRESS AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-07-10; registry 2019-07-18; journal 2019 744016
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 24/7 EKSPRESS AS. Revenue 4.39m NOK → 4.41m NOK (+0.5%). Equity 1.88m NOK → 2.00m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24/7 EKSPRESS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.39m NOK to 4.41m NOK (+0.5% YoY). Calculated
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↑
Equity strengthened
Book equity 1.88m NOK → 2.00m NOK (equity ratio 62.9% → 64.1%). Calculated
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↑
Payroll decreased
Salary cost 1.08m NOK → 1.04m NOK (25% → 24% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 820.8k NOK → 306.4k NOK (-62.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 534.5k NOK → 397.2k NOK (-25.7% YoY). Calculated