FirmaIQ
Org.nr 913 662 814 2016 → 2017 Year-over-year analysis

2 SA1X AS: årsregnskap 2017 vs 2016

Grew 604599% on revenue, stronger earnings

approved 2018-06-30; registry 2018-08-06; journal 2018 879946

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 2 SA1X AS. Revenue 207.1k NOK → 1.25bn NOK (+604599.4%). Net result +20.2k NOK → +887.7k NOK. Equity 91.7k NOK → 13.98m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2 SA1X AS.

At a glance

Scorecard

Revenue
207.1k NOK 1.25bn NOK
+604599.4%
Operating result
+166.9k NOK +216.5k NOK
+29.7%
Net result
+20.2k NOK +887.7k NOK
+4300.3%
Equity
91.7k NOK 13.98m NOK
+15141.4%
Cash
218.3k NOK 118.2k NOK
-45.9%
Total assets
2.14m NOK 3.13m NOK
+45.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 207.1k NOK to 1.25bn NOK (+604599.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +166.9k NOK → +216.5k NOK (op. margin 80.6% → 0.0%). Calculated

  • ↑

    Net result improved

    Net result +20.2k NOK → +887.7k NOK (net margin 9.7% → 0.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 91.7k NOK → 13.98m NOK (equity ratio 4.3% → 447.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 218.3k NOK → 118.2k NOK (-45.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 650.0k NOK → 9 310 NOK. Reported fact