Org.nr 913 632 788 2017 → 2018 Year-over-year analysis

74 ENTERTAINMENT AS: årsregnskap 2018 vs 2017

Grew 18% on revenue

approved 2019-06-30; registry 2019-08-03; journal 2019 847576

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 74 ENTERTAINMENT AS. Revenue 5.51m NOK → 6.48m NOK (+17.7%). Equity -2.80m NOK → -267.9k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 74 ENTERTAINMENT AS.

At a glance

Revenue

5.51m NOK 6.48m NOK

+17.7%

Equity

-2.80m NOK -267.9k NOK

+90.4%

Cash

28.3k NOK 556.4k NOK

+1867.6%

Total assets

7.15m NOK 10.19m NOK

+42.4%

↑
Revenue rose

Operating income / revenue moved from 5.51m NOK to 6.48m NOK (+17.7% YoY). Calculated
↑
Equity strengthened

Book equity -2.80m NOK → -267.9k NOK (equity ratio -39.1% → -2.6%). Calculated
↑
Cash rose

Bank deposits 28.3k NOK → 556.4k NOK (+1867.6% YoY). Calculated
↑
Payroll decreased

Salary cost 3.24m NOK → 3 NOK (59% → 0% of revenue). Calculated