88 HOLDING AS: årsregnskap 2018 vs 2017
Grew 45% on revenue, cash halved-plus
approved 2019-06-13; registry 2019-06-25; journal 2019 525954
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 88 HOLDING AS. Revenue 593.8k NOK → 858.4k NOK (+44.6%). Equity 6.14m NOK → 6.43m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 88 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 593.8k NOK to 858.4k NOK (+44.6% YoY). Calculated
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↑
Equity strengthened
Book equity 6.14m NOK → 6.43m NOK (equity ratio 36.6% → 38.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 779.5k NOK → 158.1k NOK (-79.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 12.91m NOK → 15.45m NOK. Reported fact