300 KNOP AS: årsregnskap 2019 vs 2018
Shrank 28% on revenue, weaker earnings
approved 2020-05-06; registry 2020-08-29; journal 2020 706809
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 300 KNOP AS. Revenue 10.75m NOK → 7.69m NOK (-28.4%). Net result -2.47m NOK → -4.78m NOK. Equity 6.88m NOK → 2.10m NOK.
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 300 KNOP AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 10.75m NOK to 7.69m NOK (-28.4% YoY). Calculated
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Operating result weakened
Operating result -1.17m NOK → -3.00m NOK (op. margin -10.9% → -39.0%). Calculated
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Net result weakened
Net result -2.47m NOK → -4.78m NOK (net margin -23.0% → -62.1%). Calculated
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Equity eroded
Book equity 6.88m NOK → 2.10m NOK (equity ratio 26.2% → 22.3%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 6.88m NOK → 2.15m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 3.03m NOK → 30.0k NOK. Reported fact