Org.nr 996 375 528 2018 → 2019 Year-over-year analysis

2INSTINCTS AS: årsregnskap 2019 vs 2018

Grew 6% on revenue

approved 2020-04-14; registry 2020-04-18; journal 2020 293563

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2INSTINCTS AS. Revenue 2.92m NOK → 3.09m NOK (+5.8%). Equity 646.0k NOK → 720.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Revenue

2.92m NOK 3.09m NOK

+5.8%

Operating result

n/m +91.5k NOK

—

Net result

n/m +74.5k NOK

—

Equity

646.0k NOK 720.5k NOK

+11.5%

Cash

35.7k NOK 203.0k NOK

+468.8%

Total assets

2.86m NOK 3.06m NOK

+6.8%

↑
Revenue rose

Operating income / revenue moved from 2.92m NOK to 3.09m NOK (+5.8% YoY). Calculated
↑
Equity strengthened

Book equity 646.0k NOK → 720.5k NOK (equity ratio 22.6% → 23.6%). Calculated
↑
Cash rose

Bank deposits 35.7k NOK → 203.0k NOK (+468.8% YoY). Calculated

·
Payroll increased

Salary cost 165.5k NOK → 183.2k NOK (6% → 6% of revenue). Calculated
·
COGS moved

COGS / varekostnad 2.48m NOK → 2.53m NOK (+2.3% YoY). Calculated