FirmaIQ
Org.nr 888 349 472 2016 → 2017 Year-over-year analysis

2-BIZ NORWAY AS: årsregnskap 2017 vs 2016

Shrank 70% on revenue, stronger earnings

approved 2017-06-30; registry 2018-02-27; journal 2018 214255

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 2-BIZ NORWAY AS. Revenue 1.19m NOK → 356.7k NOK (-70.0%). Net result +542.0k NOK → +838.9k NOK. Equity 1.35m NOK → 2.19m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.19m NOK 356.7k NOK
-70.0%
Operating result
+710.8k NOK +29.8k NOK
-95.8%
Net result
+542.0k NOK +838.9k NOK
+54.8%
Equity
1.35m NOK 2.19m NOK
+61.9%
Cash
1 277 NOK 592.3k NOK
+46281.4%
Total assets
2.97m NOK 5.43m NOK
+82.8%

What improved

  • ↑

    Net result improved

    Net result +542.0k NOK → +838.9k NOK (net margin 45.6% → 235.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.35m NOK → 2.19m NOK (equity ratio 45.6% → 40.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 277 NOK → 592.3k NOK (+46281.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.19m NOK to 356.7k NOK (-70.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +710.8k NOK → +29.8k NOK (op. margin 59.8% → 8.4%). Calculated