Org.nr 919 097 914 2018 → 2019 Year-over-year analysis

2 PONDER EL AS: årsregnskap 2019 vs 2018

Grew 168% on revenue

approved 2020-05-26; registry 2020-06-09; journal 2020 403465

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2 PONDER EL AS. Revenue 629.2k NOK → 1.68m NOK (+167.5%). Equity 5.31m NOK → 257.7k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2 PONDER EL AS.

At a glance

Revenue

629.2k NOK 1.68m NOK

+167.5%

Operating result

+335.0k NOK -49.5k NOK

-114.8%

Net result

n/m -48.8k NOK

—

Equity

5.31m NOK 257.7k NOK

-95.1%

Cash

281.0k NOK 377.7k NOK

+34.4%

Total assets

914.6k NOK 918.5k NOK

+0.4%

↑
Revenue rose

Operating income / revenue moved from 629.2k NOK to 1.68m NOK (+167.5% YoY). Calculated
↑
Cash rose

Bank deposits 281.0k NOK → 377.7k NOK (+34.4% YoY). Calculated

↓
Operating result weakened

Operating result +335.0k NOK → -49.5k NOK (op. margin 53.2% → -2.9%). Calculated
↓
Equity eroded

Book equity 5.31m NOK → 257.7k NOK (equity ratio 580.2% → 28.1%). Calculated

·
Payroll increased

Salary cost 792.4k NOK → 1.00m NOK (126% → 60% of revenue). Calculated
·
COGS moved

COGS / varekostnad 298.0k NOK → 479.3k NOK (+60.9% YoY). Calculated