FirmaIQ
Org.nr 914 067 553 2018 → 2019 Year-over-year analysis

24/7 LOGISTIKK AS: årsregnskap 2019 vs 2018

Grew 40% on revenue, stronger earnings

approved 2020-06-26; registry 2020-07-23; journal 2020 604707

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 24/7 LOGISTIKK AS. Revenue 7.60m NOK → 10.66m NOK (+40.3%). Net result +315.5k NOK → +467.3k NOK. Equity 166.2k NOK → 273.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 24/7 LOGISTIKK AS.

At a glance

Scorecard

Revenue
7.60m NOK 10.66m NOK
+40.3%
Operating result
+385.1k NOK +603.9k NOK
+56.8%
Net result
+315.5k NOK +467.3k NOK
+48.1%
Equity
166.2k NOK 273.5k NOK
+64.6%
Cash
240.8k NOK 192.7k NOK
-20.0%
Total assets
969.5k NOK 373.2k NOK
-61.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.60m NOK to 10.66m NOK (+40.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +385.1k NOK → +603.9k NOK (op. margin 5.1% → 5.7%). Calculated

  • ↑

    Net result improved

    Net result +315.5k NOK → +467.3k NOK (net margin 4.2% → 4.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 166.2k NOK → 273.5k NOK (equity ratio 17.1% → 73.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.33m NOK → 2 NOK (44% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 240.8k NOK → 192.7k NOK (-20.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.71m NOK → 9.36m NOK (+39.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 283.0k NOK → 323.0k NOK. Reported fact