247REGNSKAP AS: årsregnskap 2019 vs 2018
Grew 132233% on revenue, stronger earnings
approved 2020-08-21; registry 2020-10-06; journal 2020 911911
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 247REGNSKAP AS. Revenue 2 167 NOK → 2.87m NOK (+132233.0%). Net result +167.0k NOK → +322.4k NOK. Equity -75.2k NOK → 103.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 247REGNSKAP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2 167 NOK to 2.87m NOK (+132233.0% YoY). Calculated
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Operating result improved
Operating result +221.0k NOK → +413.6k NOK (op. margin 10198.8% → 14.4%). Calculated
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Net result improved
Net result +167.0k NOK → +322.4k NOK (net margin 7706.9% → 11.2%). Calculated
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Equity strengthened
Book equity -75.2k NOK → 103.2k NOK (equity ratio -10.8% → 14.3%). Calculated
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Current ratio back above 1×
Current ratio 0.84× → 1.12×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 95.1k NOK → 75.4k NOK (-20.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.35m NOK → 2.03m NOK (62441% → 71% of revenue). Calculated