Org.nr 985 303 770 2018 → 2019 Year-over-year analysis

24 FRAMES PER SECOND AS: årsregnskap 2019 vs 2018

Shrank 26% on revenue

approved 2020-08-10; registry 2020-09-01; journal 2020 727600

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 24 FRAMES PER SECOND AS. Revenue 779.5k NOK → 575.3k NOK (-26.2%). Equity 1.30m NOK → 11.95m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 24 FRAMES PER SECOND AS.

At a glance

Revenue

779.5k NOK 575.3k NOK

-26.2%

Operating result

n/m +200.2k NOK

—

Net result

n/m -355.2k NOK

—

Equity

1.30m NOK 11.95m NOK

+815.7%

Cash

404.4k NOK 549.6k NOK

+35.9%

Total assets

1.52m NOK 1.35m NOK

-11.3%

↑
Equity strengthened

Book equity 1.30m NOK → 11.95m NOK (equity ratio 85.8% → 884.8%). Calculated
↑
Cash rose

Bank deposits 404.4k NOK → 549.6k NOK (+35.9% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 779.5k NOK to 575.3k NOK (-26.2% YoY). Calculated
↓
COGS moved

COGS / varekostnad 350 NOK → 5 853 NOK (+1572.3% YoY). Calculated

·
Book investments changed

Investment / intangible book value 246.0k NOK → 1 245 NOK. Reported fact