2M MALERFIRMA AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, stronger earnings
approved 2019-03-26; registry 2019-04-15; journal 2019 280931
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2M MALERFIRMA AS. Revenue 988.5k NOK → 1 129 NOK (-99.9%). Net result +20.3k NOK → +38.0k NOK. Equity -10.0k NOK → 28.0k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -47.9k NOK → +45.9k NOK (op. margin -4.9% → 4065.7%). Calculated
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↑
Net result improved
Net result +20.3k NOK → +38.0k NOK (net margin 2.1% → 3365.1%). Calculated
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↑
Equity strengthened
Book equity -10.0k NOK → 28.0k NOK (equity ratio -2.1% → 5.6%). Calculated
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↑
Cash rose
Bank deposits 292.9k NOK → 372.0k NOK (+27.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 988.5k NOK to 1 129 NOK (-99.9% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 71.2k NOK → 127.2k NOK (+78.6% YoY). Calculated