FirmaIQ
Org.nr 917 615 772 2017 → 2018 Year-over-year analysis

2M&CO AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-05-03; registry 2019-06-11; journal 2019 400916

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 2M&CO AS. Revenue 758.5k NOK → 742.7k NOK (-2.1%). Net result +79.5k NOK → +156.4k NOK. Equity 1.57m NOK → 1.73m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

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

At a glance

Scorecard

Revenue
758.5k NOK 742.7k NOK
-2.1%
Operating result
+196.2k NOK +252.0k NOK
+28.4%
Net result
+79.5k NOK +156.4k NOK
+96.6%
Equity
1.57m NOK 1.73m NOK
+10.0%
Cash
382.2k NOK 510.6k NOK
+33.6%
Total assets
2.98m NOK 3.08m NOK
+3.3%

What improved

  • ↑

    Operating result improved

    Operating result +196.2k NOK → +252.0k NOK (op. margin 25.9% → 33.9%). Calculated

  • ↑

    Net result improved

    Net result +79.5k NOK → +156.4k NOK (net margin 10.5% → 21.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.57m NOK → 1.73m NOK (equity ratio 52.6% → 56.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 382.2k NOK → 510.6k NOK (+33.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 17.2k NOK → 1 NOK (2% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 758.5k NOK to 742.7k NOK (-2.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 320.7k NOK → 268.7k NOK (-16.2% YoY). Calculated