2 SOLER AS: årsregnskap 2019 vs 2018
Grew 24% on revenue
approved 2020-07-14; registry 2020-07-20; journal 2020 624867
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2 SOLER AS. Revenue 2.68m NOK → 3.33m NOK (+24.2%). Equity 399.1k NOK → 600.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 2 SOLER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.68m NOK to 3.33m NOK (+24.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 399.1k NOK → 600.5k NOK (equity ratio 50.1% → 237.1%). Calculated
-
↑
Cash rose
Bank deposits 5 351 NOK → 60.2k NOK (+1025.5% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 2.00× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 230.0k NOK → 430 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 220.0k NOK → 290.6k NOK (8% → 9% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1.84m NOK → 2.21m NOK (+19.7% YoY). Calculated