FirmaIQ
Org.nr 992 357 010 2016 → 2017 Year-over-year analysis

2 SNØMENN AS: årsregnskap 2017 vs 2016

Grew 24% on revenue, stronger earnings

approved 2018-04-12; registry 2018-06-02; journal 2018 388827

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 2 SNØMENN AS. Revenue 8.78m NOK → 10.89m NOK (+24.1%). Net result +1.77m NOK → +2.64m NOK. Equity 2.16m NOK → 2.80m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 2 SNØMENN AS.

At a glance

Scorecard

Revenue
8.78m NOK 10.89m NOK
+24.1%
Operating result
+2.35m NOK +3.50m NOK
+48.6%
Net result
+1.77m NOK +2.64m NOK
+49.1%
Equity
2.16m NOK 2.80m NOK
+29.9%
Cash
4.11m NOK 4.38m NOK
+6.5%
Total assets
7.45m NOK 7.49m NOK
+0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.78m NOK to 10.89m NOK (+24.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.35m NOK → +3.50m NOK (op. margin 26.8% → 32.1%). Calculated

  • ↑

    Net result improved

    Net result +1.77m NOK → +2.64m NOK (net margin 20.2% → 24.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.16m NOK → 2.80m NOK (equity ratio 28.9% → 37.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.11m NOK → 4.38m NOK (+6.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.22m NOK → 2.29m NOK (25% → 21% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.28m NOK → 4.20m NOK (+28.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 8 300 NOK. Reported fact