2Ø SERVICE AS: årsregnskap 2017 vs 2016
Shrank 14% on revenue, weaker earnings
approved 2018-03-01; registry 2018-05-08; journal 2018 303931
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2Ø SERVICE AS. Revenue 68.4k NOK → 58.6k NOK (-14.4%). Net result +68.4k NOK → +904 NOK. Equity 59.6k NOK → 60.5k NOK.
Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
68.4k NOK
58.6k NOK
-14.4%
Net result
+68.4k NOK
+904 NOK
-98.7%
Equity
59.6k NOK
60.5k NOK
+1.5%
Cash
112.0k NOK
79.6k NOK
-28.9%
Total assets
166.8k NOK
156.4k NOK
-6.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 68.4k NOK to 58.6k NOK (-14.4% YoY). Calculated
-
↓
Net result weakened
Net result +68.4k NOK → +904 NOK (net margin 100.0% → 1.5%). Calculated
-
↓
Cash fell
Bank deposits 112.0k NOK → 79.6k NOK (-28.9% YoY). Calculated