FirmaIQ
Org.nr 936 534 112 2018 → 2019 Year-over-year analysis

2 BRØDRE HOLDING AS: årsregnskap 2019 vs 2018

Grew 8% on revenue, weaker earnings

approved 2020-08-25; registry 2020-09-30; journal 2020 879305

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2 BRØDRE HOLDING AS. Revenue 4.96m NOK → 5.36m NOK (+8.0%). Net result +170.3k NOK → +100.1k NOK. Equity 13.32m NOK → 13.42m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.96m NOK 5.36m NOK
+8.0%
Operating result
+96.3k NOK +18.3k NOK
-80.9%
Net result
+170.3k NOK +100.1k NOK
-41.2%
Equity
13.32m NOK 13.42m NOK
+0.8%
Cash
2.14m NOK 1.09m NOK
-49.0%
Total assets
25.90m NOK 20.40m NOK
-21.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.96m NOK to 5.36m NOK (+8.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 13.32m NOK → 13.42m NOK (equity ratio 51.4% → 65.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +96.3k NOK → +18.3k NOK (op. margin 1.9% → 0.3%). Calculated

  • ↓

    Net result weakened

    Net result +170.3k NOK → +100.1k NOK (net margin 3.4% → 1.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.14m NOK → 1.09m NOK (-49.0% YoY). Calculated