Org.nr 994 764 888 2016 → 2017 Year-over-year analysis

2COM AS: årsregnskap 2017 vs 2016

Grew 6% on revenue, weaker earnings

approved 2018-06-22; registry 2018-06-26; journal 2018 571826

Full company analysis · All year comparisons

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.

Scorecard

Revenue
404.4k NOK 429.8k NOK
+6.3%
Operating result
+119.45bn NOK +185.7k NOK
-100.0%
Net result
+4796.54bn NOK +1.63m NOK
-100.0%
Equity
11.84m NOK 9.47m NOK
-20.1%
Cash
177.5k NOK 10.21m NOK
+5652.6%
Total assets
11.84m NOK 15.97m NOK
+34.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 404.4k NOK to 429.8k NOK (+6.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 177.5k NOK → 10.21m NOK (+5652.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +119.45bn NOK → +185.7k NOK (op. margin 29540947.2% → 43.2%). Calculated

  • ↓

    Net result weakened

    Net result +4796.54bn NOK → +1.63m NOK (net margin 1186220324.5% → 378.1%). Calculated

  • ↓

    Equity eroded

    Book equity 11.84m NOK → 9.47m NOK (equity ratio 100.0% → 59.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.00m NOK → 2 272 NOK. Reported fact