Org.nr 991 147 489 2017 → 2018 Year-over-year analysis

2M-INVEST AS: årsregnskap 2018 vs 2017

Grew 23% on revenue, cash halved-plus

approved 2019-06-20; registry 2019-06-29; journal 2019 557974

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 2M-INVEST AS. Revenue 546.7k NOK → 673.2k NOK (+23.1%). Equity 45.29m NOK → 40.74m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 2M-INVEST AS.

At a glance

Revenue

546.7k NOK 673.2k NOK

+23.1%

Net result

n/m -2.56m NOK

—

Equity

45.29m NOK 40.74m NOK

-10.1%

Cash

4.62m NOK 1.46m NOK

-68.3%

Total assets

48.07m NOK 43.51m NOK

-9.5%

↑
Revenue rose

Operating income / revenue moved from 546.7k NOK to 673.2k NOK (+23.1% YoY). Calculated

↓
Equity eroded

Book equity 45.29m NOK → 40.74m NOK (equity ratio 94.2% → 93.6%). Calculated
↓
Cash fell

Bank deposits 4.62m NOK → 1.46m NOK (-68.3% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.62m NOK → 1.46m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 9.97m NOK → 10.18m NOK. Reported fact