Org.nr 989 228 811 2016 → 2017 Year-over-year analysis

88 HOLDING AS: årsregnskap 2017 vs 2016

Grew 70% on revenue

approved 2018-06-25; registry 2018-06-28; journal 2018 583018

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 88 HOLDING AS. Revenue 350.0k NOK → 593.8k NOK (+69.6%). Equity 5.17m NOK → 6.14m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 88 HOLDING AS.

At a glance

Revenue

350.0k NOK 593.8k NOK

+69.6%

Equity

5.17m NOK 6.14m NOK

+18.8%

Cash

374.9k NOK 779.5k NOK

+107.9%

Total assets

15.68m NOK 16.78m NOK

+7.1%

↑
Revenue rose

Operating income / revenue moved from 350.0k NOK to 593.8k NOK (+69.6% YoY). Calculated
↑
Equity strengthened

Book equity 5.17m NOK → 6.14m NOK (equity ratio 33.0% → 36.6%). Calculated
↑
Cash rose

Bank deposits 374.9k NOK → 779.5k NOK (+107.9% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.41× → 7.26×. Calculated

·
Book investments changed

Investment / intangible book value 14.64m NOK → 12.91m NOK. Reported fact