Org.nr 989 106 651 2017 → 2018 Year-over-year analysis

2TEX AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-06-01; registry 2019-07-06; journal 2019 613563

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 2TEX AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +3.35m NOK → +66.0k NOK. Equity 6.67m NOK → 5.24m NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2TEX AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-95.6k NOK -100.7k NOK
-5.3%
Net result
+3.35m NOK +66.0k NOK
-98.0%
Equity
6.67m NOK 5.24m NOK
-21.5%
Cash
208.5k NOK 1.74m NOK
+732.6%
Total assets
8.44m NOK 7.04m NOK
-16.6%

What improved

  • ↑

    Cash rose

    Bank deposits 208.5k NOK → 1.74m NOK (+732.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -95.6k NOK → -100.7k NOK. Calculated

  • ↓

    Net result weakened

    Net result +3.35m NOK → +66.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.67m NOK → 5.24m NOK (equity ratio 79.0% → 74.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.03m NOK → 2.84m NOK. Reported fact