Org.nr 921 373 449 2018 → 2019 Year-over-year analysis

2S IT AS: årsregnskap 2019 vs 2018

Grew 366% on revenue

approved 2020-07-01; registry 2020-07-04; journal 2020 565025

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 2S IT AS. Revenue 172.5k NOK → 804.4k NOK (+366.3%). Equity 0 NOK → 11.23m 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 2S IT AS.

Scorecard

Revenue
172.5k NOK 804.4k NOK
+366.3%
Operating result
n/m +278.4k NOK
—
Net result
n/m +216.5k NOK
—
Equity
0 NOK 11.23m NOK
—
Cash
114.3k NOK 192.4k NOK
+68.3%
Total assets
116.2k NOK 395.8k NOK
+240.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 172.5k NOK to 804.4k NOK (+366.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 11.23m NOK (equity ratio 0.0% → 2836.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 114.3k NOK → 192.4k NOK (+68.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 78.6k NOK → 480.7k NOK (+511.7% YoY). Calculated