Org.nr 913 168 038 2017 → 2018 Year-over-year analysis

247REGNSKAP AS: årsregnskap 2018 vs 2017

Shrank 99% on revenue

approved 2019-06-30; registry 2019-07-22; journal 2019 756729

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 247REGNSKAP AS. Revenue 351.1k NOK → 2 167 NOK (-99.4%). Equity -242.2k NOK → -75.2k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 247REGNSKAP AS.

At a glance

Revenue

351.1k NOK 2 167 NOK

-99.4%

Operating result

n/m +221.0k NOK

—

Net result

n/m +167.0k NOK

—

Equity

-242.2k NOK -75.2k NOK

+69.0%

Cash

149.4k NOK 95.1k NOK

-36.3%

Total assets

442.1k NOK 697.9k NOK

+57.9%

↑
Equity strengthened

Book equity -242.2k NOK → -75.2k NOK (equity ratio -54.8% → -10.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 351.1k NOK to 2 167 NOK (-99.4% YoY). Calculated
↓
Cash fell

Bank deposits 149.4k NOK → 95.1k NOK (-36.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 307.9k NOK → 1.35m NOK (88% → 62441% of revenue). Calculated