Org.nr 918 488 081 2018 → 2019 Year-over-year analysis

2STABILISE AS: årsregnskap 2019 vs 2018

Shrank 13% on revenue

approved 2020-06-29; registry 2020-08-08; journal 2020 659442

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2STABILISE AS. Revenue 27.34m NOK → 23.89m NOK (-12.6%). Equity 4.79m NOK → 8.42m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 2STABILISE AS.

At a glance

Revenue

27.34m NOK 23.89m NOK

-12.6%

Operating result

n/m +4.94m NOK

—

Net result

n/m +3.77m NOK

—

Equity

4.79m NOK 8.42m NOK

+75.8%

Cash

3.34m NOK 8.48m NOK

+153.5%

Total assets

10.84m NOK 11.39m NOK

+5.1%

↑
Equity strengthened

Book equity 4.79m NOK → 8.42m NOK (equity ratio 44.2% → 73.9%). Calculated
↑
Cash rose

Bank deposits 3.34m NOK → 8.48m NOK (+153.5% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 27.34m NOK to 23.89m NOK (-12.6% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 10.06m NOK → 10.25m NOK (37% → 43% of revenue). Calculated

·
Paid-in equity reduced

Paid-in equity fell 100.0k NOK → 97.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 4.29m NOK → 4.02m NOK (-6.2% YoY). Calculated