FirmaIQ
Org.nr 936 534 112 2017 → 2018 Year-over-year analysis

2 BRØDRE HOLDING AS: årsregnskap 2018 vs 2017

Shrank 8% on revenue, weaker earnings

approved 2019-06-16; registry 2019-07-31; journal 2019 831027

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 2 BRØDRE HOLDING AS. Revenue 5.40m NOK → 4.96m NOK (-8.2%). Net result +518.8k NOK → +170.3k NOK. Equity 13.14m NOK → 13.32m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2 BRØDRE HOLDING AS.

At a glance

Scorecard

Revenue
5.40m NOK 4.96m NOK
-8.2%
Operating result
-220.7k NOK +96.3k NOK
+143.6%
Net result
+518.8k NOK +170.3k NOK
-67.2%
Equity
13.14m NOK 13.32m NOK
+1.3%
Cash
23.2k NOK 2.14m NOK
+9117.9%
Total assets
33.96m NOK 25.90m NOK
-23.7%

What improved

  • ↑

    Operating result improved

    Operating result -220.7k NOK → +96.3k NOK (op. margin -4.1% → 1.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 13.14m NOK → 13.32m NOK (equity ratio 38.7% → 51.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 23.2k NOK → 2.14m NOK (+9117.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.40m NOK to 4.96m NOK (-8.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +518.8k NOK → +170.3k NOK (net margin 9.6% → 3.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.64m NOK → 6.80m NOK. Reported fact