1912 TOP HOLDING AS: årsregnskap 2017 vs 2016
Shrank 107% on revenue, weaker earnings
approved 2018-03-22; registry 2018-06-19; journal 2018 502967
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 1912 TOP HOLDING AS. Revenue -46.00m NOK → -95.00m NOK (-106.5%). Net result -46.27m NOK → -95.03m NOK. Equity 216.11m NOK → 161.11m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 1912 TOP HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.99m NOK → 2.01m NOK (+1.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from -46.00m NOK to -95.00m NOK (-106.5% YoY). Calculated
-
↓
Operating result weakened
Operating result -46.10m NOK → -95.06m NOK (op. margin 100.2% → 100.1%). Calculated
-
↓
Net result weakened
Net result -46.27m NOK → -95.03m NOK (net margin 100.6% → 100.0%). Calculated
-
↓
Equity eroded
Book equity 216.11m NOK → 161.11m NOK (equity ratio 100.0% → 100.0%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 216.11m NOK → 161.11m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 214.04m NOK → 159.04m NOK. Reported fact