78 GRADER NORD AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue
approved 2019-05-20; registry 2019-06-18; journal 2019 453355
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 78 GRADER NORD AS. Revenue 1.34bn NOK → 1.87m NOK (-99.9%). Equity 1.40m NOK → 1.30m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 78 GRADER NORD AS.
At a glance
Scorecard
Revenue
1.34bn NOK
1.87m NOK
-99.9%
Equity
1.40m NOK
1.30m NOK
-7.6%
Cash
231.2k NOK
146.4k NOK
-36.7%
Total assets
2.09m NOK
2.06m NOK
-1.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.34bn NOK to 1.87m NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 1.40m NOK → 1.30m NOK (equity ratio 67.2% → 63.0%). Calculated
-
↓
Cash fell
Bank deposits 231.2k NOK → 146.4k NOK (-36.7% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 114.2k NOK → 40.0k NOK. Reported fact