300 KNOP AS: årsregnskap 2018 vs 2017
Grew 18% on revenue, weaker earnings
approved 2019-10-28; registry 2019-11-04; journal 2019 942668
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 300 KNOP AS. Revenue 9.10m NOK → 10.75m NOK (+18.0%). Net result -235.9k NOK → -2.47m NOK. Equity 9.35m NOK → 6.88m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 300 KNOP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.10m NOK to 10.75m NOK (+18.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +989.6k NOK → -1.17m NOK (op. margin 10.9% → -10.9%). Calculated
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↓
Net result weakened
Net result -235.9k NOK → -2.47m NOK (net margin -2.6% → -23.0%). Calculated
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↓
Equity eroded
Book equity 9.35m NOK → 6.88m NOK (equity ratio 25.5% → 26.2%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 10.15m NOK → 6.88m NOK — check capital reduction, conversion, or reclassification. Interpretation