Org.nr 989 890 832 2017 → 2018 Year-over-year analysis

99X SOLUTIONS AS: årsregnskap 2018 vs 2017

Grew 85% on revenue

approved 2019-05-27; registry 2019-06-15; journal 2019 428292

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 99X SOLUTIONS AS. Revenue 12.33m NOK → 22.85m NOK (+85.3%). Equity 1.93m NOK → 4.73m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 99X SOLUTIONS AS.

Scorecard

Revenue
12.33m NOK 22.85m NOK
+85.3%
Equity
1.93m NOK 4.73m NOK
+145.5%
Cash
1.75m NOK 5.93m NOK
+239.7%
Total assets
4.15m NOK 13.55m NOK
+226.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.33m NOK to 22.85m NOK (+85.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.93m NOK → 4.73m NOK (equity ratio 46.5% → 34.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.75m NOK → 5.93m NOK (+239.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 18.1k NOK → 21.3k NOK. Reported fact