2XM INVEST AS: årsregnskap 2017 vs 2016
Grew 27% on revenue, stronger earnings
approved 2018-05-31; registry 2018-08-04; journal 2018 869133
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 2XM INVEST AS. Revenue 302.2k NOK → 383.6k NOK (+26.9%). Net result 0 NOK → +11.3k NOK. Equity 61.2k NOK → 49.9k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 2XM INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 302.2k NOK to 383.6k NOK (+26.9% YoY). Calculated
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↑
Net result improved
Net result 0 NOK → +11.3k NOK (net margin 0.0% → 2.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 61.2k NOK → 49.9k NOK (equity ratio 64.9% → 53.1%). Calculated
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↓
Cash fell
Bank deposits 19.4k NOK → 10.4k NOK (-46.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.24× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 12.9k NOK → 29.0k NOK (+124.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 31.3k NOK → 22.3k NOK. Reported fact