2RZ HOLDING AS: årsregnskap 2019 vs 2018
Shrank 700% on revenue, slipped into loss
approved 2020-05-17; registry 2020-09-19; journal 2020 836612
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2RZ HOLDING AS. Revenue -9 829 NOK → -78.6k NOK (-699.7%). Net result +633 NOK → -66.9k NOK. Equity 2.28m NOK → 2.22m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 908.6k NOK → 955.9k NOK (+5.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from -9 829 NOK to -78.6k NOK (-699.7% YoY). Calculated
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↓
Operating result weakened
Operating result -12.2k NOK → -80.4k NOK (op. margin 123.7% → 102.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 633 NOK profit to a loss of 66.9k NOK. Calculated
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↓
Equity eroded
Book equity 2.28m NOK → 2.22m NOK (equity ratio 99.9% → 99.8%). Calculated