Org.nr 996 375 528 2017 → 2018 Year-over-year analysis

2INSTINCTS AS: årsregnskap 2018 vs 2017

Shrank 13% on revenue, cash halved-plus

approved 2019-04-03; registry 2019-04-11; journal 2019 277252

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 2INSTINCTS AS. Revenue 3.36m NOK → 2.92m NOK (-12.9%). Equity 597.8k NOK → 646.0k NOK.

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

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

At a glance

Revenue

3.36m NOK 2.92m NOK

-12.9%

Equity

597.8k NOK 646.0k NOK

+8.1%

Cash

138.5k NOK 35.7k NOK

-74.2%

Total assets

2.58m NOK 2.86m NOK

+10.9%

↑
Equity strengthened

Book equity 597.8k NOK → 646.0k NOK (equity ratio 23.2% → 22.6%). Calculated
↑
Payroll decreased

Salary cost 281.8k NOK → 165.5k NOK (8% → 6% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.36m NOK to 2.92m NOK (-12.9% YoY). Calculated
↓
Cash fell

Bank deposits 138.5k NOK → 35.7k NOK (-74.2% YoY). Calculated