2HOME AS: årsregnskap 2018 vs 2017
Grew 135808% on revenue, fresh owner capital
approved 2019-06-28; registry 2019-07-18; journal 2019 740834
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2HOME AS. Revenue 1 328 NOK → 1.80m NOK (+135807.5%). Equity 91.1k NOK → -339.3k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 2HOME AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 328 NOK to 1.80m NOK (+135807.5% YoY). Calculated
-
↑
Cash rose
Bank deposits 634 NOK → 212.0k NOK (+33337.2% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 235.1k NOK → 307.4k NOK (+72.3k NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result +62.8k NOK → -521.3k NOK (op. margin 4725.3% → -28.9%). Calculated
-
↓
Equity eroded
Book equity 91.1k NOK → -339.3k NOK (equity ratio 14.5% → -70.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -70.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 900.2k NOK → 753.9k NOK (-16.3% YoY). Calculated