FirmaIQ
Org.nr 811 599 492 2015 → 2016 Year-over-year analysis

2Ø SERVICE AS: årsregnskap 2016 vs 2015

Grew 222% on revenue, stronger earnings

approved 2017-05-09; registry 2017-06-22; journal 2017 514726

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for 2Ø SERVICE AS. Revenue 21.2k NOK → 68.4k NOK (+222.0%). Net result +21.2k NOK → +68.4k NOK. Equity 63.4k NOK → 59.6k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
21.2k NOK 68.4k NOK
+222.0%
Net result
+21.2k NOK +68.4k NOK
+222.0%
Equity
63.4k NOK 59.6k NOK
-6.0%
Cash
77.5k NOK 112.0k NOK
+44.6%
Total assets
161.5k NOK 166.8k NOK
+3.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.2k NOK to 68.4k NOK (+222.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +21.2k NOK → +68.4k NOK (net margin 100.0% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 77.5k NOK → 112.0k NOK (+44.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.94× → 1.05×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 63.4k NOK → 59.6k NOK (equity ratio 39.3% → 35.7%). Calculated