2C MEDIA AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-03-24; registry 2019-06-11; journal 2019 497297
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2C MEDIA AS. Revenue 2.79m NOK → 2.90m NOK (+4.2%). Net result +3 438 NOK → +1 457 NOK. Equity 302.3k NOK → 303.8k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2C MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.79m NOK to 2.90m NOK (+4.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 302.3k NOK → 303.8k NOK (equity ratio 65.1% → 67.4%). Calculated
-
↑
Payroll decreased
Salary cost 3.13m NOK → 152.4k NOK (112% → 5% of revenue). Calculated
What deteriorated
-
↓
Net result weakened
Net result +3 438 NOK → +1 457 NOK (net margin 0.1% → 0.1%). Calculated
-
↓
Cash fell
Bank deposits 322.4k NOK → 122.8k NOK (-61.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.15m NOK → 2.20m NOK (+2.4% YoY). Calculated