70-30 HOLDING AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-07-20; registry 2020-09-26; journal 2020 865225
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 70-30 HOLDING AS. Revenue 0 NOK → 250.0k NOK. Net result +4 NOK → +348.0k NOK. Equity 4.56m NOK → 905.7k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
0 NOK
250.0k NOK
—
Operating result
-9 329 NOK
-27.0k NOK
-189.9%
Net result
+4 NOK
+348.0k NOK
+8699925.0%
Equity
4.56m NOK
905.7k NOK
-80.1%
Cash
58.2k NOK
92.5k NOK
+58.8%
Total assets
460.3k NOK
1.51m NOK
+228.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 250.0k NOK. Calculated
-
↑
Net result improved
Net result +4 NOK → +348.0k NOK. Calculated
-
↑
Cash rose
Bank deposits 58.2k NOK → 92.5k NOK (+58.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -9 329 NOK → -27.0k NOK. Calculated
-
↓
Equity eroded
Book equity 4.56m NOK → 905.7k NOK (equity ratio 990.2% → 60.0%). Calculated