Org.nr 995 453 975 2018 → 2019 Year-over-year analysis

24FITNESS AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-08-31; registry 2020-10-14; journal 2020 935540

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 24FITNESS AS. Revenue 9.10m NOK → 9.40m NOK (+3.2%). Equity 1.45m NOK → 1.45m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 24FITNESS AS.

Scorecard

Revenue
9.10m NOK 9.40m NOK
+3.2%
Operating result
n/m +387.7k NOK
—
Net result
n/m +303.9k NOK
—
Equity
1.45m NOK 1.45m NOK
+0.3%
Cash
554.1k NOK 453.2k NOK
-18.2%
Total assets
2.17m NOK 2.07m NOK
-4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.10m NOK to 9.40m NOK (+3.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.45m NOK → 1.45m NOK (equity ratio 66.8% → 70.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 955.5k NOK → 312.6k NOK (10% → 3% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 554.1k NOK → 453.2k NOK (-18.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.34m NOK → 5.44m NOK (+1.8% YoY). Calculated