2RENT NORWAY AS: årsregnskap 2019 vs 2018
Shrank 37% on revenue
approved 2020-04-04; registry 2020-05-11; journal 2020 349492
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2RENT NORWAY AS. Revenue 550.1k NOK → 347.2k NOK (-36.9%). Equity 211.1k NOK → 204.7k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2RENT NORWAY AS.
At a glance
Scorecard
Revenue
550.1k NOK
347.2k NOK
-36.9%
Operating result
n/m
-701 NOK
—
Net result
n/m
-6 399 NOK
—
Equity
211.1k NOK
204.7k NOK
-3.0%
Cash
157.8k NOK
135.0k NOK
-14.4%
Total assets
355.5k NOK
222.2k NOK
-37.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 550.1k NOK to 347.2k NOK (-36.9% YoY). Calculated
-
↓
Equity eroded
Book equity 211.1k NOK → 204.7k NOK (equity ratio 59.4% → 92.1%). Calculated
-
↓
Cash fell
Bank deposits 157.8k NOK → 135.0k NOK (-14.4% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 386.4k NOK → 270.8k NOK (-29.9% YoY). Calculated