Org.nr 919 637 439 2017 → 2018 Year-over-year analysis

2RE EIENDOM AS: årsregnskap 2018 vs 2017

Grew 1112% on revenue, weaker earnings, cash halved-plus

approved 2019-05-20; registry 2019-06-15; journal 2019 429468

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 2RE EIENDOM AS. Revenue 52.0k NOK → 630.1k NOK (+1111.7%). Net result +27.0k NOK → +7 193 NOK. Equity 1.97m NOK → 1.98m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
52.0k NOK 630.1k NOK
+1111.7%
Operating result
+14.5k NOK +234.3k NOK
+1520.2%
Net result
+27.0k NOK +7 193 NOK
-73.4%
Equity
1.97m NOK 1.98m NOK
+0.4%
Cash
319.5k NOK 9 700 NOK
-97.0%
Total assets
9.46m NOK 8.82m NOK
-6.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 52.0k NOK to 630.1k NOK (+1111.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +14.5k NOK → +234.3k NOK (op. margin 27.8% → 37.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.97m NOK → 1.98m NOK (equity ratio 20.8% → 22.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 997 NOK → 2.00m NOK (+2.00m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +27.0k NOK → +7 193 NOK (net margin 52.0% → 1.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 319.5k NOK → 9 700 NOK (-97.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 213.53× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated