24/7 LOGISTIKK AS: årsregnskap 2018 vs 2017
Grew 170% on revenue, stronger earnings, cash halved-plus
approved 2019-05-31; registry 2019-07-04; journal 2019 605360
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 24/7 LOGISTIKK AS. Revenue 2.81m NOK → 7.60m NOK (+170.5%). Net result +6 NOK → +315.5k NOK. Equity 112.7k NOK → 166.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 24/7 LOGISTIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.81m NOK to 7.60m NOK (+170.5% YoY). Calculated
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Operating result improved
Operating result -46.0k NOK → +385.1k NOK (op. margin -1.6% → 5.1%). Calculated
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Net result improved
Net result +6 NOK → +315.5k NOK (net margin 0.0% → 4.2%). Calculated
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↑
Equity strengthened
Book equity 112.7k NOK → 166.2k NOK (equity ratio 122.8% → 17.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 711.4k NOK → 240.8k NOK (-66.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.22m NOK → 3.33m NOK (115% → 44% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.53m NOK → 6.71m NOK (+165.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 133.3k NOK → 283.0k NOK. Reported fact