1708 HOLDING AS: årsregnskap 2019 vs 2018
Grew 23% on revenue, returned to profit
approved 2020-06-10; registry 2020-06-23; journal 2020 472050
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1708 HOLDING AS. Revenue 126.6k NOK → 155.9k NOK (+23.2%). Net result -375.8k NOK → +413.4k NOK.
On the constructive side: revenue rose; turned profitable. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1708 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 126.6k NOK to 155.9k NOK (+23.2% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 375.8k NOK to a profit of 413.4k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +248.6k NOK → +176.5k NOK (op. margin 196.5% → 113.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 581.3k NOK → 502.2k NOK. Reported fact