2 MARINE AS: årsregnskap 2017 vs 2016
Grew 603280% on revenue
approved 2018-06-30; registry 2018-07-19; journal 2018 725471
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2 MARINE AS. Revenue 4 902 NOK → 29.58m NOK (+603279.6%). Equity 13.92m NOK → 14 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for 2 MARINE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4 902 NOK to 29.58m NOK (+603279.6% YoY). Calculated
-
↑
Cash rose
Bank deposits 91.3k NOK → 1.27m NOK (+1290.6% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 13.92m NOK → 14 NOK (equity ratio 339.4% → 0.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 771.1k NOK → 14.45m NOK (+1774.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 600.0k NOK → 88.9k NOK. Reported fact