2MTR AS: årsregnskap 2019 vs 2018
Grew 2170700% on revenue, slipped into loss
approved 2020-05-20; registry 2020-06-15; journal 2020 436191
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2MTR AS. Revenue 1 NOK → 21.7k NOK (+2170700.0%). Net result +790.2k NOK → -42.5k NOK. Equity 1.62m NOK → 1.58m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2MTR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 NOK to 21.7k NOK (+2170700.0% YoY). Calculated
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↑
Cash rose
Bank deposits 569.0k NOK → 823.7k NOK (+44.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -20.8k NOK → -26.7k NOK (op. margin -2081500.0% → -123.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 790.2k NOK profit to a loss of 42.5k NOK. Calculated
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↓
Equity eroded
Book equity 1.62m NOK → 1.58m NOK (equity ratio 79.5% → 35.5%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.08m NOK → 7 NOK. Reported fact