FirmaIQ
Org.nr 912 894 061 2016 → 2017 Year-over-year analysis

2ETASJER AS: årsregnskap 2017 vs 2016

Grew 10% on revenue, weaker earnings

approved 2018-03-17; registry 2018-03-21; journal 2018 239958

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 2ETASJER AS. Revenue 13.95m NOK → 15.37m NOK (+10.2%). Net result +679.0k NOK → +422.0k NOK. Equity 1.35m NOK → 1.27m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: net result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2ETASJER AS.

At a glance

Scorecard

Revenue
13.95m NOK 15.37m NOK
+10.2%
Net result
+679.0k NOK +422.0k NOK
-37.8%
Equity
1.35m NOK 1.27m NOK
-5.8%
Cash
3.21m NOK 4.27m NOK
+32.9%
Total assets
4.18m NOK 5.78m NOK
+38.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.95m NOK to 15.37m NOK (+10.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 3.21m NOK → 4.27m NOK (+32.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.54m NOK → 2.09m NOK (18% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +679.0k NOK → +422.0k NOK (net margin 4.9% → 2.7%). Calculated

  • ↓

    Equity eroded

    Book equity 1.35m NOK → 1.27m NOK (equity ratio 32.3% → 22.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 7.12m NOK → 7.93m NOK (+11.3% YoY). Calculated