FirmaIQ
Org.nr 920 047 084 2018 → 2019 Year-over-year analysis

7KIDS-EIGEDOM AS: årsregnskap 2019 vs 2018

Grew 418% on revenue, stronger earnings

approved 2020-04-14; registry 2020-05-06; journal 2020 332976

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 7KIDS-EIGEDOM AS. Revenue 48.5k NOK → 251.1k NOK (+417.6%). Net result -528.2k NOK → -310.8k NOK. Equity -114.8k NOK → -419.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
48.5k NOK 251.1k NOK
+417.6%
Operating result
-477.5k NOK -156.6k NOK
+67.2%
Net result
-528.2k NOK -310.8k NOK
+41.2%
Equity
-114.8k NOK -419.1k NOK
-265.0%
Cash
118.3k NOK 178.3k NOK
+50.7%
Total assets
649.9k NOK 6.00m NOK
+822.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.5k NOK to 251.1k NOK (+417.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -477.5k NOK → -156.6k NOK (op. margin -984.6% → -62.4%). Calculated

  • ↑

    Net result improved

    Net result -528.2k NOK → -310.8k NOK (net margin -1089.0% → -123.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 118.3k NOK → 178.3k NOK (+50.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -114.8k NOK → -419.1k NOK (equity ratio -17.7% → -7.0%). Calculated