Org.nr 912 590 178 2017 → 2018 Year-over-year analysis

2 SOLER AS: årsregnskap 2018 vs 2017

Grew 28% on revenue, fresh owner capital

approved 2019-05-05; registry 2019-05-13; journal 2019 364074

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 2 SOLER AS. Revenue 2.10m NOK → 2.68m NOK (+27.6%). Equity 158.2k NOK → 399.1k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

Scorecard

Revenue
2.10m NOK 2.68m NOK
+27.6%
Equity
158.2k NOK 399.1k NOK
+152.3%
Cash
2 390 NOK 5 351 NOK
+123.9%
Total assets
517.1k NOK 796.4k NOK
+54.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.10m NOK to 2.68m NOK (+27.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 158.2k NOK → 399.1k NOK (equity ratio 30.6% → 50.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 390 NOK → 5 351 NOK (+123.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 230.0k NOK (+200.0k NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 198.0k NOK → 220.0k NOK (9% → 8% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.13m NOK → 1.84m NOK (+62.6% YoY). Calculated