FirmaIQ
Org.nr 896 082 582 2016 → 2017 Year-over-year analysis

2GREEN CONSULTING AS: årsregnskap 2017 vs 2016

Shrank 11% on revenue, cash halved-plus

approved 2018-03-18; registry 2018-05-15; journal 2018 322979

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 2GREEN CONSULTING AS. Revenue 2.46m NOK → 2.20m NOK (-10.6%). Equity 1.20m NOK → 12.45m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 2GREEN CONSULTING AS.

At a glance

Scorecard

Revenue
2.46m NOK 2.20m NOK
-10.6%
Equity
1.20m NOK 12.45m NOK
+937.9%
Cash
1.18m NOK 384.4k NOK
-67.4%
Total assets
n/m 907.1k NOK
—

What improved

  • ↑

    Equity strengthened

    Book equity 1.20m NOK → 12.45m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.46m NOK to 2.20m NOK (-10.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.18m NOK → 384.4k NOK (-67.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.18m NOK → 384.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation