2COM AS: årsregnskap 2017 vs 2016
Grew 6% on revenue, weaker earnings
approved 2018-06-22; registry 2018-06-26; journal 2018 571826
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2COM AS. Revenue 404.4k NOK → 429.8k NOK (+6.3%). Net result +4796.54bn NOK → +1.63m NOK. Equity 11.84m NOK → 9.47m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2COM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 404.4k NOK to 429.8k NOK (+6.3% YoY). Calculated
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↑
Cash rose
Bank deposits 177.5k NOK → 10.21m NOK (+5652.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +119.45bn NOK → +185.7k NOK (op. margin 29540947.2% → 43.2%). Calculated
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↓
Net result weakened
Net result +4796.54bn NOK → +1.63m NOK (net margin 1186220324.5% → 378.1%). Calculated
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↓
Equity eroded
Book equity 11.84m NOK → 9.47m NOK (equity ratio 100.0% → 59.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5.00m NOK → 2 272 NOK. Reported fact