29 MINUTE BOOKS AS: årsregnskap 2018 vs 2017
Shrank 13% on revenue
approved 2019-07-05; registry 2019-08-03; journal 2019 898480
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 29 MINUTE BOOKS AS. Revenue 425.0k NOK → 371.7k NOK (-12.5%).
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 29 MINUTE BOOKS AS.
At a glance
Scorecard
Revenue
425.0k NOK
371.7k NOK
-12.5%
Equity
34.9k NOK
n/m
—
Cash
225.4k NOK
230.3k NOK
+2.2%
Total assets
282.9k NOK
248.7k NOK
-12.1%
What improved
-
↑
Cash rose
Bank deposits 225.4k NOK → 230.3k NOK (+2.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 3.36m NOK → 4 NOK (790% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 425.0k NOK to 371.7k NOK (-12.5% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 30.0k NOK → 0 NOK — check capital reduction, conversion, or reclassification. Interpretation