Org.nr 996 375 528 2016 → 2017 Year-over-year analysis

2INSTINCTS AS: årsregnskap 2017 vs 2016

Grew 11% on revenue, cash halved-plus

approved 2018-05-30; registry 2018-07-10; journal 2018 671107

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 2INSTINCTS AS. Revenue 3.02m NOK → 3.36m NOK (+11.1%). Equity 811.7k NOK → 597.8k NOK.

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

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

At a glance

Revenue

3.02m NOK 3.36m NOK

+11.1%

Operating result

+144.2k NOK n/m

—

Net result

+98.4k NOK n/m

—

Equity

811.7k NOK 597.8k NOK

-26.3%

Cash

307.0k NOK 138.5k NOK

-54.9%

Total assets

2.71m NOK 2.58m NOK

-4.9%

↑
Revenue rose

Operating income / revenue moved from 3.02m NOK to 3.36m NOK (+11.1% YoY). Calculated

↓
Equity eroded

Book equity 811.7k NOK → 597.8k NOK (equity ratio 29.9% → 23.2%). Calculated
↓
Cash fell

Bank deposits 307.0k NOK → 138.5k NOK (-54.9% YoY). Calculated