2Ø SERVICE AS: årsregnskap 2019 vs 2018
Shrank 12% on revenue
approved 2020-03-02; registry 2020-04-18; journal 2020 293537
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2Ø SERVICE AS. Revenue 151.5k NOK → 133.8k NOK (-11.7%). Equity 75.8k NOK → 71.8k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
151.5k NOK
133.8k NOK
-11.7%
Net result
+15.3k NOK
n/m
—
Equity
75.8k NOK
71.8k NOK
-5.3%
Cash
74.7k NOK
67.1k NOK
-10.3%
Total assets
271.3k NOK
296.9k NOK
+9.4%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 151.5k NOK to 133.8k NOK (-11.7% YoY). Calculated
-
↓
Equity eroded
Book equity 75.8k NOK → 71.8k NOK (equity ratio 27.9% → 24.2%). Calculated
-
↓
Cash fell
Bank deposits 74.7k NOK → 67.1k NOK (-10.3% YoY). Calculated