FirmaIQ
Org.nr 992 357 010 2018 → 2019 Year-over-year analysis

2 SNØMENN AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-05-13; registry 2020-06-23; journal 2020 472376

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2 SNØMENN AS. Revenue 12.31m NOK → 12.71m NOK (+3.3%). Net result +3.08m NOK → +4.11m NOK. Equity 3.22m NOK → 4.34m NOK.

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

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

At a glance

Scorecard

Revenue
12.31m NOK 12.71m NOK
+3.3%
Operating result
+3.97m NOK +5.21m NOK
+31.4%
Net result
+3.08m NOK +4.11m NOK
+33.8%
Equity
3.22m NOK 4.34m NOK
+34.5%
Cash
6.28m NOK 7.91m NOK
+26.0%
Total assets
7.77m NOK 9.98m NOK
+28.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.31m NOK to 12.71m NOK (+3.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.97m NOK → +5.21m NOK (op. margin 32.2% → 41.0%). Calculated

  • ↑

    Net result improved

    Net result +3.08m NOK → +4.11m NOK (net margin 25.0% → 32.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.22m NOK → 4.34m NOK (equity ratio 41.5% → 43.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.28m NOK → 7.91m NOK (+26.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.51m NOK → 2.58m NOK (20% → 20% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 4.89m NOK → 4.13m NOK (-15.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 420 NOK → 420.0k NOK. Reported fact