360 NORD AS: årsregnskap 2018 vs 2017
Shrank 34% on revenue, weaker earnings, cash halved-plus
approved 2019-06-30; registry 2019-07-11; journal 2019 692696
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 360 NORD AS. Revenue 768.9k NOK → 507.9k NOK (-33.9%). Net result +130.7k NOK → +81.2k NOK. Equity 3.12m NOK → 37.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 768.9k NOK to 507.9k NOK (-33.9% YoY). Calculated
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↓
Operating result weakened
Operating result +135.9k NOK → -95.3k NOK (op. margin 17.7% → -18.8%). Calculated
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↓
Net result weakened
Net result +130.7k NOK → +81.2k NOK (net margin 17.0% → 16.0%). Calculated
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↓
Equity eroded
Book equity 3.12m NOK → 37.2k NOK (equity ratio 755.7% → 15.5%). Calculated
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↓
Cash fell
Bank deposits 166.4k NOK → 42.4k NOK (-74.5% YoY). Calculated