Org.nr 912 530 485 2015 → 2016 Year-over-year analysis

2MTR AS: årsregnskap 2016 vs 2015

Shrank 95% on revenue, weaker earnings

approved 2017-05-15; registry 2017-06-28; journal 2017 551786

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 2MTR AS. Revenue 402.9k NOK → 20.0k NOK (-95.0%). Net result +1.33m NOK → +3 912 NOK. Equity 1.38m NOK → 1.38m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2MTR AS.

Scorecard

Revenue
402.9k NOK 20.0k NOK
-95.0%
Operating result
+395.6k NOK +6 774 NOK
-98.3%
Net result
+1.33m NOK +3 912 NOK
-99.7%
Equity
1.38m NOK 1.38m NOK
+0.3%
Cash
1.28m NOK 863.1k NOK
-32.8%
Total assets
359.0k NOK 1.94m NOK
+439.9%

What improved

  • ↑

    Equity strengthened

    Book equity 1.38m NOK → 1.38m NOK (equity ratio 383.3% → 71.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 402.9k NOK to 20.0k NOK (-95.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +395.6k NOK → +6 774 NOK (op. margin 98.2% → 33.9%). Calculated

  • ↓

    Net result weakened

    Net result +1.33m NOK → +3 912 NOK (net margin 329.8% → 19.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.28m NOK → 863.1k NOK (-32.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7 NOK → 1.08m NOK. Reported fact