Org.nr 990 591 202 2017 → 2018 Year-over-year analysis

633 17 GT HOLDING AS: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2019-04-02; registry 2019-07-02; journal 2019 580479

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 633 17 GT HOLDING AS. Net result +552.4k NOK → -230.3k NOK. Equity 306.75m NOK → 293.73m NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 633 17 GT HOLDING AS.

At a glance

Net result

+552.4k NOK -230.3k NOK

-141.7%

Equity

306.75m NOK 293.73m NOK

-4.2%

Cash

217.3k NOK 7 763 NOK

-96.4%

Total assets

306.83m NOK 306.62m NOK

-0.1%

↓
Fell into a net loss

Net result flipped from 552.4k NOK profit to a loss of 230.3k NOK. Calculated
↓
Equity eroded

Book equity 306.75m NOK → 293.73m NOK (equity ratio 100.0% → 95.8%). Calculated
↓
Cash fell

Bank deposits 217.3k NOK → 7 763 NOK (-96.4% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 307.19m NOK → 294.40m NOK — check capital reduction, conversion, or reclassification. Interpretation