24/7 EKSPRESS AS: årsregnskap 2019 vs 2018
Grew 569% on revenue
approved 2020-11-30; registry 2020-12-02; journal 2020 972697
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 24/7 EKSPRESS AS. Revenue 4.41m NOK → 29.51m NOK (+569.0%). Equity 2.00m NOK → 3.27m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: payroll increased; cogs moved; book investments changed. 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 4.41m NOK to 29.51m NOK (+569.0% YoY). Calculated
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↑
Equity strengthened
Book equity 2.00m NOK → 3.27m NOK (equity ratio 64.1% → 38.6%). Calculated
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↑
Cash rose
Bank deposits 306.4k NOK → 529.3k NOK (+72.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.04m NOK → 3.22m NOK (24% → 11% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 397.2k NOK → 20.72m NOK (+5116.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 68.3k NOK → 90.0k NOK. Reported fact