Org.nr 995 985 713 2018 → 2019 Year-over-year analysis

24SEVENOFFICE SCANDINAVIA SYSTEMS AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-03-30; registry 2020-07-02; journal 2020 519421

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 24SEVENOFFICE SCANDINAVIA SYSTEMS AS. Net result +714 NOK → -73.2k NOK. Equity 19.24m NOK → 19.17m NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
16.7k NOK n/m
—
Operating result
+45.0k NOK -73.2k NOK
-262.6%
Net result
+714 NOK -73.2k NOK
-10351.8%
Equity
19.24m NOK 19.17m NOK
-0.4%
Cash
4 714 NOK 84.4k NOK
+1689.6%
Total assets
19.26m NOK 19.19m NOK
-0.3%

What improved

  • ↑

    Cash rose

    Bank deposits 4 714 NOK → 84.4k NOK (+1689.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.44× → 5.24×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +45.0k NOK → -73.2k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 714 NOK profit to a loss of 73.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 19.24m NOK → 19.17m NOK (equity ratio 99.9% → 99.9%). Calculated