Org.nr 918 572 805 2017 → 2018 Year-over-year analysis

70-30 HOLDING AS: årsregnskap 2018 vs 2017

Returned to profit

approved 2019-06-25; registry 2019-08-01; journal 2019 843594

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 70-30 HOLDING AS. Net result -10.9k NOK → +4 NOK. Equity 19.1k NOK → 4.56m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 70-30 HOLDING AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-10.9k NOK -9 329 NOK

+14.7%

Net result

-10.9k NOK +4 NOK

+100.0%

Equity

19.1k NOK 4.56m NOK

+23783.4%

Cash

19.1k NOK 58.2k NOK

+205.2%

Total assets

564.3k NOK 460.3k NOK

-18.4%

↑
Operating result improved

Operating result -10.9k NOK → -9 329 NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 10.9k NOK to a profit of 4 NOK. Calculated
↑
Equity strengthened

Book equity 19.1k NOK → 4.56m NOK (equity ratio 3.4% → 990.2%). Calculated
↑
Cash rose

Bank deposits 19.1k NOK → 58.2k NOK (+205.2% YoY). Calculated

·
Book investments changed

Investment / intangible book value 7 NOK → 634.4k NOK. Reported fact