+2 INTERIØR AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-04-05; registry 2019-05-13; journal 2019 331069
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for +2 INTERIØR AS. Revenue 2.83m NOK → 2.81m NOK (-0.7%). Net result +200.4k NOK → +10.7k NOK. Equity 88.6k NOK → 99.3k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for +2 INTERIØR AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 88.6k NOK → 99.3k NOK (equity ratio 10.7% → 15.5%). Calculated
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↑
Cash rose
Bank deposits 46.1k NOK → 301.1k NOK (+553.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.83m NOK to 2.81m NOK (-0.7% YoY). Calculated
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↓
Operating result weakened
Operating result +202.4k NOK → +11.3k NOK (op. margin 7.2% → 0.4%). Calculated
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↓
Net result weakened
Net result +200.4k NOK → +10.7k NOK (net margin 7.1% → 0.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 818.3k NOK → 910.6k NOK (29% → 32% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 1.44m NOK → 1.55m NOK (+7.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7 068 NOK → 150 NOK. Reported fact