Org.nr 989 106 651 2018 → 2019 Year-over-year analysis

2TEX AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-05-20; registry 2020-06-22; journal 2020 469634

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2TEX AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +66.0k NOK → +90.4k NOK. Equity 5.24m NOK → 4.15m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-100.7k NOK -94.7k NOK

+5.9%

Net result

+66.0k NOK +90.4k NOK

+37.0%

Equity

5.24m NOK 4.15m NOK

-20.8%

Cash

1.74m NOK 1.02m NOK

-41.3%

Total assets

7.04m NOK 5.19m NOK

-26.3%

↑
Operating result improved

Operating result -100.7k NOK → -94.7k NOK. Calculated
↑
Net result improved

Net result +66.0k NOK → +90.4k NOK. Calculated

↓
Equity eroded

Book equity 5.24m NOK → 4.15m NOK (equity ratio 74.4% → 80.0%). Calculated
↓
Cash fell

Bank deposits 1.74m NOK → 1.02m NOK (-41.3% YoY). Calculated

·
Book investments changed

Investment / intangible book value 2.84m NOK → 1.97m NOK. Reported fact