Org.nr 995 251 094 2016 → 2017 Year-over-year analysis

24SEVENOFFICE NORWAY AS: årsregnskap 2017 vs 2016

Grew 34% on revenue

approved 2018-06-18; registry 2018-07-05; journal 2018 623233

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 24SEVENOFFICE NORWAY AS. Revenue 56.90m NOK → 76.25m NOK (+34.0%). Equity -27.25m NOK → -22.19m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 24SEVENOFFICE NORWAY AS.

Scorecard

Revenue
56.90m NOK 76.25m NOK
+34.0%
Equity
-27.25m NOK -22.19m NOK
+18.6%
Cash
98.6k NOK 4.65m NOK
+4618.4%
Total assets
26.25m NOK 40.23m NOK
+53.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 56.90m NOK to 76.25m NOK (+34.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -27.25m NOK → -22.19m NOK (equity ratio -103.8% → -55.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 98.6k NOK → 4.65m NOK (+4618.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8.20m NOK → 9.89m NOK (+20.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7.99m NOK → 8.34m NOK. Reported fact