2ENTERTAIN NORGE AS: årsregnskap 2019 vs 2018
Shrank 27% on revenue, cash halved-plus
approved 2020-06-03; registry 2020-07-11; journal 2020 559011
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2ENTERTAIN NORGE AS. Revenue 44.72m NOK → 32.46m NOK (-27.4%). Equity 4.13m NOK → 4.13m NOK.
Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.
At a glance
Scorecard
Revenue
44.72m NOK
32.46m NOK
-27.4%
Operating result
n/m
+3.00m NOK
—
Net result
n/m
+2.49m NOK
—
Equity
4.13m NOK
4.13m NOK
+0.0%
Cash
913.4k NOK
299.2k NOK
-67.2%
Total assets
19.33m NOK
14.07m NOK
-27.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 44.72m NOK to 32.46m NOK (-27.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 913.4k NOK → 299.2k NOK (-67.2% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 22.61m NOK → 15.59m NOK (-31.0% YoY). Calculated