28TH PROPERTIES AS: årsregnskap 2017 vs 2016
Stronger earnings, cash halved-plus
approved 2018-06-29; registry 2018-07-26; journal 2018 802436
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 28TH PROPERTIES AS. Revenue 0 NOK → 50.0k NOK. Net result 0 NOK → +18.6k NOK. Equity 30.0k NOK → 48.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
50.0k NOK
—
Operating result
0 NOK
+24.4k NOK
—
Net result
0 NOK
+18.6k NOK
—
Equity
30.0k NOK
48.6k NOK
+62.0%
Cash
30.0k NOK
10.1k NOK
-66.5%
Total assets
30.0k NOK
60.1k NOK
+100.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 50.0k NOK. Calculated
-
↑
Operating result improved
Operating result 0 NOK → +24.4k NOK. Calculated
-
↑
Net result improved
Net result 0 NOK → +18.6k NOK. Calculated
-
↑
Equity strengthened
Book equity 30.0k NOK → 48.6k NOK (equity ratio 100.0% → 80.9%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 30.0k NOK → 10.1k NOK (-66.5% YoY). Calculated