247 ENERGY AS: årsregnskap 2019 vs 2018
Grew 22% on revenue
approved 2020-05-27; registry 2020-07-07; journal 2020 552408
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 247 ENERGY AS. Revenue 2.59m NOK → 3.17m NOK (+22.2%). Equity -4.94m NOK → -4.94m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.59m NOK to 3.17m NOK (+22.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.85m NOK → 1.30m NOK (110% → 41% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +34.3k NOK → +1 202 NOK (op. margin 1.3% → 0.0%). Calculated
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↓
Equity eroded
Book equity -4.94m NOK → -4.94m NOK (equity ratio -956.2% → -878.5%). Calculated
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↓
Cash fell
Bank deposits 321.9k NOK → 295.7k NOK (-8.2% YoY). Calculated