Org.nr 983 569 285 2017 → 2018 Year-over-year analysis

2ENTERTAIN NORGE AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-03-15; registry 2019-06-27; journal 2019 545537

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 2ENTERTAIN NORGE AS. Revenue 43.92m NOK → 44.72m NOK (+1.8%). Equity 4.13m NOK → 4.13m NOK.

On the constructive side: revenue rose. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.

Scorecard

Revenue
43.92m NOK 44.72m NOK
+1.8%
Equity
4.13m NOK 4.13m NOK
-0.0%
Cash
8.83m NOK 913.4k NOK
-89.7%
Total assets
20.19m NOK 19.33m NOK
-4.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 43.92m NOK to 44.72m NOK (+1.8% YoY). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8.83m NOK → 913.4k NOK (-89.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.83m NOK → 913.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 20.63m NOK → 22.61m NOK (+9.6% YoY). Calculated