Org.nr 899 315 812 2018 → 2019 Year-over-year analysis

2N MONTASJE AS: årsregnskap 2019 vs 2018

Shrank 59% on revenue

approved 2020-02-17; registry 2020-02-22; journal 2020 214259

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2N MONTASJE AS. Revenue 1.74m NOK → 713.5k NOK (-59.1%). Equity 208.4k NOK → 294.8k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2N MONTASJE AS.

At a glance

Revenue

1.74m NOK 713.5k NOK

-59.1%

Operating result

n/m +110.7k NOK

—

Net result

n/m +86.5k NOK

—

Equity

208.4k NOK 294.8k NOK

+41.5%

Cash

342.3k NOK 444.4k NOK

+29.8%

Total assets

612.7k NOK 595.7k NOK

-2.8%

↑
Equity strengthened

Book equity 208.4k NOK → 294.8k NOK (equity ratio 34.0% → 49.5%). Calculated
↑
Cash rose

Bank deposits 342.3k NOK → 444.4k NOK (+29.8% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.85× → 1.88×. Calculated
↑
Payroll decreased

Salary cost 1.27m NOK → 1.20m NOK (73% → 169% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.74m NOK to 713.5k NOK (-59.1% YoY). Calculated