FirmaIQ
Org.nr 992 357 010 2017 → 2018 Year-over-year analysis

2 SNØMENN AS: årsregnskap 2018 vs 2017

Grew 13% on revenue

approved 2019-03-26; registry 2019-06-03; journal 2019 369771

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 2 SNØMENN AS. Revenue 10.89m NOK → 12.31m NOK (+13.0%). Net result +2.64m NOK → +3.08m NOK. Equity 2.80m NOK → 3.22m 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
10.89m NOK 12.31m NOK
+13.0%
Operating result
+3.50m NOK +3.97m NOK
+13.4%
Net result
+2.64m NOK +3.08m NOK
+16.3%
Equity
2.80m NOK 3.22m NOK
+15.2%
Cash
4.38m NOK 6.28m NOK
+43.2%
Total assets
7.49m NOK 7.77m NOK
+3.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.89m NOK to 12.31m NOK (+13.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.50m NOK → +3.97m NOK (op. margin 32.1% → 32.2%). Calculated

  • ↑

    Net result improved

    Net result +2.64m NOK → +3.08m NOK (net margin 24.3% → 25.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.80m NOK → 3.22m NOK (equity ratio 37.4% → 41.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.38m NOK → 6.28m NOK (+43.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.29m NOK → 2.51m NOK (21% → 20% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.20m NOK → 4.89m NOK (+16.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8 300 NOK → 420 NOK. Reported fact