FirmaIQ
Org.nr 913 810 139 2018 → 2019 Year-over-year analysis

2FISK AS: årsregnskap 2019 vs 2018

Shrank 89% on revenue, stronger earnings

approved 2020-03-18; registry 2020-03-30; journal 2020 263957

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2FISK AS. Revenue 1.36m NOK → 144.5k NOK (-89.4%). Net result +58.2k NOK → +205.6k NOK. Equity 647.7k NOK → 853.3k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.36m NOK 144.5k NOK
-89.4%
Operating result
+38.1k NOK +295.4k NOK
+674.9%
Net result
+58.2k NOK +205.6k NOK
+253.4%
Equity
647.7k NOK 853.3k NOK
+31.7%
Cash
451.7k NOK 669.6k NOK
+48.2%
Total assets
1.60m NOK 1.86m NOK
+16.5%

What improved

  • ↑

    Operating result improved

    Operating result +38.1k NOK → +295.4k NOK (op. margin 2.8% → 204.4%). Calculated

  • ↑

    Net result improved

    Net result +58.2k NOK → +205.6k NOK (net margin 4.3% → 142.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 647.7k NOK → 853.3k NOK (equity ratio 40.5% → 45.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 451.7k NOK → 669.6k NOK (+48.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.68m NOK → 1 NOK (417% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.36m NOK to 144.5k NOK (-89.4% YoY). Calculated