24/7 LOGISTIKK AS: årsregnskap 2017 vs 2016
Shrank 21% on revenue
approved 2018-06-13; registry 2018-07-28; journal 2018 810128
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 24/7 LOGISTIKK AS. Revenue 3.57m NOK → 2.81m NOK (-21.3%). Net result +7 NOK → +6 NOK. Equity 159.0k NOK → 112.7k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24/7 LOGISTIKK AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 9 555 NOK → 711.4k NOK (+7345.4% YoY). Calculated
-
↑
Payroll decreased
Salary cost 3.25m NOK → 3.22m NOK (91% → 115% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.57m NOK to 2.81m NOK (-21.3% YoY). Calculated
-
↓
Operating result weakened
Operating result -24.0k NOK → -46.0k NOK (op. margin -0.7% → -1.6%). Calculated
-
↓
Equity eroded
Book equity 159.0k NOK → 112.7k NOK (equity ratio 47.9% → 122.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 3.22m NOK → 2.53m NOK (-21.6% YoY). Calculated