2ENTERTAIN NORGE AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-03-15; registry 2019-06-27; journal 2019 545537
Summary
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.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 43.92m NOK to 44.72m NOK (+1.8% YoY). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 8.83m NOK → 913.4k NOK (-89.7% YoY). Calculated
Things to notice
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·
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
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·
COGS moved
COGS / varekostnad 20.63m NOK → 22.61m NOK (+9.6% YoY). Calculated