Org.nr 989 890 832 2018 → 2019 Year-over-year analysis

99X SOLUTIONS AS: årsregnskap 2019 vs 2018

Grew 10% on revenue

approved 2020-06-09; registry 2020-08-04; journal 2020 643607

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 99X SOLUTIONS AS. Revenue 22.85m NOK → 25.22m NOK (+10.4%). Equity 4.73m NOK → 7.93m 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
22.85m NOK 25.22m NOK
+10.4%
Operating result
n/m +4.06m NOK
—
Net result
n/m +3.20m NOK
—
Equity
4.73m NOK 7.93m NOK
+67.7%
Cash
5.93m NOK 6.66m NOK
+12.3%
Total assets
13.55m NOK 14.90m NOK
+10.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.85m NOK to 25.22m NOK (+10.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.73m NOK → 7.93m NOK (equity ratio 34.9% → 53.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.93m NOK → 6.66m NOK (+12.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 21.3k NOK → 169.3k NOK. Reported fact