Org.nr 913 444 019 2018 → 2019 Year-over-year analysis

377 SPORT AS: årsregnskap 2019 vs 2018

Grew 33% on revenue

approved 2020-08-05; registry 2020-08-19; journal 2020 680290

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 377 SPORT AS. Revenue 12.95m NOK → 17.27m NOK (+33.4%). Equity 10 NOK → 79.3k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 377 SPORT AS.

Scorecard

Revenue
12.95m NOK 17.27m NOK
+33.4%
Operating result
n/m +2.44m NOK
—
Net result
n/m +1.90m NOK
—
Equity
10 NOK 79.3k NOK
+792940.0%
Cash
1.84m NOK 1.84m NOK
+0.3%
Total assets
4.58m NOK 6.16m NOK
+34.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.95m NOK to 17.27m NOK (+33.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 10 NOK → 79.3k NOK (equity ratio 0.0% → 1.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.84m NOK → 1.84m NOK (+0.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.41× → 1.01×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 NOK → 15.5k NOK (0% → 0% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9.71m NOK → 13.50m NOK (+39.0% YoY). Calculated