Org.nr 897 414 562 2016 → 2017 Year-over-year analysis

2H ELEKTRO AS: årsregnskap 2017 vs 2016

Grew 21% on revenue

approved 2018-05-11; registry 2018-05-26; journal 2018 349115

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 2H ELEKTRO AS. Revenue 1.22m NOK → 1.48m NOK (+21.5%). Net result +9 140 NOK → +10.3k NOK. Equity 172.3k NOK → 182.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2H ELEKTRO AS.

Scorecard

Revenue
1.22m NOK 1.48m NOK
+21.5%
Operating result
+12.1k NOK +13.5k NOK
+11.6%
Net result
+9 140 NOK +10.3k NOK
+13.2%
Equity
172.3k NOK 182.7k NOK
+6.0%
Cash
233.2k NOK 397.3k NOK
+70.4%
Total assets
325.8k NOK 442.2k NOK
+35.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.22m NOK to 1.48m NOK (+21.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +12.1k NOK → +13.5k NOK (op. margin 1.0% → 0.9%). Calculated

  • ↑

    Net result improved

    Net result +9 140 NOK → +10.3k NOK (net margin 0.7% → 0.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 172.3k NOK → 182.7k NOK (equity ratio 52.9% → 41.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 233.2k NOK → 397.3k NOK (+70.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 541.4k NOK → 617.3k NOK (+14.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 42.0k NOK → 14.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.4. Reported fact