Org.nr 917 041 407 2016 → 2017 Year-over-year analysis

2S BYGG AS: årsregnskap 2017 vs 2016

Grew 130855% on revenue

approved 2017-12-31; registry 2018-07-25; journal 2018 791083

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 2S BYGG AS. Revenue 1 725 NOK → 2.26m NOK (+130855.2%). Equity -104.1k NOK → -155.3k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 2S BYGG AS.

Scorecard

Revenue
1 725 NOK 2.26m NOK
+130855.2%
Equity
-104.1k NOK -155.3k NOK
-49.3%
Cash
226.6k NOK 425.4k NOK
+87.8%
Total assets
535.7k NOK 832.5k NOK
+55.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 725 NOK to 2.26m NOK (+130855.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 226.6k NOK → 425.4k NOK (+87.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.75× → 1.19×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -104.1k NOK → -155.3k NOK (equity ratio -19.4% → -18.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5 915 NOK → 176.3k NOK (343% → 8% of revenue). Calculated