2-VENTURE AS: årsregnskap 2018 vs 2017
Grew 298% on revenue, stronger earnings, cash halved-plus
approved 2019-05-22; registry 2019-07-24; journal 2019 783778
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2-VENTURE AS. Revenue 20.0k NOK → 79.5k NOK (+297.5%). Net result +2 719 NOK → +4.08m NOK. Equity -297 NOK → 4.08m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2-VENTURE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.0k NOK to 79.5k NOK (+297.5% YoY). Calculated
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↑
Net result improved
Net result +2 719 NOK → +4.08m NOK (net margin 13.6% → 5134.9%). Calculated
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↑
Equity strengthened
Book equity -297 NOK → 4.08m NOK (equity ratio -0.1% → 525.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +14.4k NOK → -109.3k NOK (op. margin 71.8% → -137.5%). Calculated
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↓
Cash fell
Bank deposits 198.2k NOK → 3 500 NOK (-98.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 177.4k NOK → 165.3k NOK. Reported fact