Org.nr 913 662 814 2018 → 2019 Year-over-year analysis

2 SA1X AS: årsregnskap 2019 vs 2018

Shrank 84% on revenue, weaker earnings, cash halved-plus

approved 2020-06-30; registry 2020-08-31; journal 2020 718605

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2 SA1X AS. Revenue 218.7k NOK → 35.4k NOK (-83.8%). Net result +308.0k NOK → +199.2k NOK.

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 SA1X AS.

At a glance

Revenue

218.7k NOK 35.4k NOK

-83.8%

Operating result

+161.6k NOK -66.2k NOK

-141.0%

Net result

+308.0k NOK +199.2k NOK

-35.3%

Equity

13 NOK n/m

—

Cash

483.9k NOK 136.9k NOK

-71.7%

Total assets

4.99m NOK 5.30m NOK

+6.1%

↓
Revenue fell

Operating income / revenue moved from 218.7k NOK to 35.4k NOK (-83.8% YoY). Calculated
↓
Operating result weakened

Operating result +161.6k NOK → -66.2k NOK (op. margin 73.9% → -187.1%). Calculated
↓
Net result weakened

Net result +308.0k NOK → +199.2k NOK (net margin 140.8% → 562.8%). Calculated
↓
Cash fell

Bank deposits 483.9k NOK → 136.9k NOK (-71.7% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1 009 NOK → 229.0k NOK. Reported fact