2 MARINE AS: årsregnskap 2018 vs 2017
Shrank 13% on revenue, weaker earnings
approved 2019-06-30; registry 2019-07-25; journal 2019 784462
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2 MARINE AS. Revenue 29.58m NOK → 25.72m NOK (-13.1%). Net result +3.34m NOK → +1.89m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 2 MARINE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.27m NOK → 1.36m NOK (+7.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 29.58m NOK to 25.72m NOK (-13.1% YoY). Calculated
-
↓
Net result weakened
Net result +3.34m NOK → +1.89m NOK (net margin 11.3% → 7.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.45m NOK → 13.61m NOK (-5.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 88.9k NOK → 6.41m NOK. Reported fact