Org.nr 913 504 119 2017 → 2018 Year-over-year analysis

2RENT NORWAY AS: årsregnskap 2018 vs 2017

Grew 142% on revenue

approved 2019-02-26; registry 2019-03-28; journal 2019 258344

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 2RENT NORWAY AS. Revenue 227.3k NOK → 550.1k NOK (+142.0%). Equity 170.3k NOK → 211.1k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2RENT NORWAY AS.

Scorecard

Revenue
227.3k NOK 550.1k NOK
+142.0%
Equity
170.3k NOK 211.1k NOK
+24.0%
Cash
93.0k NOK 157.8k NOK
+69.6%
Total assets
191.1k NOK 355.5k NOK
+86.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 227.3k NOK to 550.1k NOK (+142.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 170.3k NOK → 211.1k NOK (equity ratio 89.1% → 59.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 93.0k NOK → 157.8k NOK (+69.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 166.2k NOK → 386.4k NOK (+132.5% YoY). Calculated