2TAL AS: årsregnskap 2017 vs 2016
Grew 9% on revenue, cash halved-plus
approved 2018-03-19; registry 2018-06-06; journal 2018 418868
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2TAL AS. Revenue 55.02m NOK → 60.10m NOK (+9.2%). Equity 8.19m NOK → 5.13m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for 2TAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 55.02m NOK to 60.10m NOK (+9.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 8.19m NOK → 5.13m NOK (equity ratio 26.2% → 19.9%). Calculated
-
↓
Cash fell
Bank deposits 3.72m NOK → 729.6k NOK (-80.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.72m NOK → 729.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 30.71m NOK → 33.74m NOK (+9.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5.79m NOK → 5.84m NOK. Reported fact