Org.nr 995 985 713 2017 → 2018 Year-over-year analysis

24SEVENOFFICE SCANDINAVIA SYSTEMS AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-04-11; registry 2019-07-09; journal 2019 631169

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 24SEVENOFFICE SCANDINAVIA SYSTEMS AS. Revenue 16.7k NOK → 16.7k NOK (0.0%). Net result +3.71m NOK → +714 NOK. Equity 19.29m NOK → 19.24m NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
16.7k NOK 16.7k NOK
0.0%
Operating result
+16.64m NOK +45.0k NOK
-99.7%
Net result
+3.71m NOK +714 NOK
-100.0%
Equity
19.29m NOK 19.24m NOK
-0.2%
Cash
810 NOK 4 714 NOK
+482.0%
Total assets
20.26m NOK 19.26m NOK
-4.9%

What improved

  • ↑

    Cash rose

    Bank deposits 810 NOK → 4 714 NOK (+482.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +16.64m NOK → +45.0k NOK (op. margin 99633.3% → 269.5%). Calculated

  • ↓

    Net result weakened

    Net result +3.71m NOK → +714 NOK (net margin 22239.7% → 4.3%). Calculated

  • ↓

    Equity eroded

    Book equity 19.29m NOK → 19.24m NOK (equity ratio 95.2% → 99.9%). Calculated