24SEVENOFFICE NORWAY AS: årsregnskap 2018 vs 2017
Grew 35% on revenue, fresh owner capital
approved 2019-04-11; registry 2019-05-14; journal 2019 329375
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 24SEVENOFFICE NORWAY AS. Revenue 76.25m NOK → 103.30m NOK (+35.5%). Equity -22.19m NOK → 21.79m 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.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 76.25m NOK to 103.30m NOK (+35.5% YoY). Calculated
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↑
Equity strengthened
Book equity -22.19m NOK → 21.79m NOK (equity ratio -55.2% → 23.0%). Calculated
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↑
Cash rose
Bank deposits 4.65m NOK → 36.24m NOK (+679.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.33×. Calculated
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Owners injected capital
Paid-in equity rose 1.21m NOK → 21.21m NOK (+20.00m NOK). Reported fact
Things to notice
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·
COGS moved
COGS / varekostnad 9.89m NOK → 11.25m NOK (+13.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.34m NOK → 9.26m NOK. Reported fact