FirmaIQ
Org.nr 896 428 942 2016 → 2017 Year-over-year analysis

2C MEDIA AS: årsregnskap 2017 vs 2016

Grew 28% on revenue, weaker earnings

approved 2018-05-01; registry 2018-06-05; journal 2018 453289

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 2C MEDIA AS. Revenue 2.17m NOK → 2.79m NOK (+28.2%). Net result +36.8k NOK → +3 438 NOK. Equity 298.9k NOK → 302.3k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
2.17m NOK 2.79m NOK
+28.2%
Operating result
+36.4k NOK +8 731 NOK
-76.0%
Net result
+36.8k NOK +3 438 NOK
-90.7%
Equity
298.9k NOK 302.3k NOK
+1.2%
Cash
399.4k NOK 322.4k NOK
-19.3%
Total assets
504.2k NOK 464.6k NOK
-7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.17m NOK to 2.79m NOK (+28.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 298.9k NOK → 302.3k NOK (equity ratio 59.3% → 65.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +36.4k NOK → +8 731 NOK (op. margin 1.7% → 0.3%). Calculated

  • ↓

    Net result weakened

    Net result +36.8k NOK → +3 438 NOK (net margin 1.7% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 399.4k NOK → 322.4k NOK (-19.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.10m NOK → 3.13m NOK (143% → 112% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.59m NOK → 2.15m NOK (+35.5% YoY). Calculated