74 ENTERTAINMENT AS: årsregnskap 2019 vs 2018
Grew 30% on revenue
approved 2020-09-30; registry 2020-10-10; journal 2020 939940
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 74 ENTERTAINMENT AS. Revenue 6.48m NOK → 8.43m NOK (+30.0%). Equity -267.9k NOK → 458.4k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 74 ENTERTAINMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.48m NOK to 8.43m NOK (+30.0% YoY). Calculated
-
↑
Equity strengthened
Book equity -267.9k NOK → 458.4k NOK (equity ratio -2.6% → 9.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.13×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 556.4k NOK → 324.1k NOK (-41.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 825.0k NOK → 380.7k NOK (-53.9% YoY). Calculated