FirmaIQ
Org.nr 888 349 472 2018 → 2019 Year-over-year analysis

2-BIZ NORWAY AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2019-10-10; registry 2019-12-11; journal 2019 945674

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2-BIZ NORWAY AS. Revenue 32.55m NOK → 31.76m NOK (-2.4%). Net result +853.8k NOK → +245.1k NOK. Equity 1.05m NOK → 1.29m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2-BIZ NORWAY AS.

At a glance

Scorecard

Revenue
32.55m NOK 31.76m NOK
-2.4%
Operating result
+953.9k NOK +309.7k NOK
-67.5%
Net result
+853.8k NOK +245.1k NOK
-71.3%
Equity
1.05m NOK 1.29m NOK
+23.4%
Cash
269.3k NOK 2.92m NOK
+983.1%
Total assets
6.34m NOK 5.79m NOK
-8.7%

What improved

  • ↑

    Equity strengthened

    Book equity 1.05m NOK → 1.29m NOK (equity ratio 16.5% → 22.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 269.3k NOK → 2.92m NOK (+983.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 32.55m NOK to 31.76m NOK (-2.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +953.9k NOK → +309.7k NOK (op. margin 2.9% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +853.8k NOK → +245.1k NOK (net margin 2.6% → 0.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.43m NOK → 30.88m NOK (-1.8% YoY). Calculated