Org.nr 990 367 965 2016 → 2017 Year-over-year analysis

2T RÅD AS: årsregnskap 2017 vs 2016

Grew 14% on revenue, cash halved-plus

approved 2018-05-03; registry 2018-06-09; journal 2018 435976

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 2T RÅD AS. Revenue 1.53m NOK → 1.75m NOK (+14.1%). Equity 1.95m NOK → 2.68m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Revenue

1.53m NOK 1.75m NOK

+14.1%

Operating result

+786.3k NOK +5 718 NOK

-99.3%

Net result

+572.1k NOK n/m

—

Equity

1.95m NOK 2.68m NOK

+37.3%

Cash

461.7k NOK 15.6k NOK

-96.6%

Total assets

3.07m NOK 5.22m NOK

+70.2%

↑
Revenue rose

Operating income / revenue moved from 1.53m NOK to 1.75m NOK (+14.1% YoY). Calculated
↑
Equity strengthened

Book equity 1.95m NOK → 2.68m NOK (equity ratio 63.6% → 51.4%). Calculated
↑
Payroll decreased

Salary cost 520.3k NOK → 476.9k NOK (34% → 27% of revenue). Calculated

↓
Operating result weakened

Operating result +786.3k NOK → +5 718 NOK (op. margin 51.4% → 0.3%). Calculated
↓
Cash fell

Bank deposits 461.7k NOK → 15.6k NOK (-96.6% YoY). Calculated