88 INVEST AS: årsregnskap 2017 vs 2016
Shrank 96% on revenue
approved 2018-06-15; registry 2018-07-17; journal 2018 703912
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 88 INVEST AS. Revenue 52.5k NOK → 1 993 NOK (-96.2%). Equity -576.5k NOK → 72.0k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 88 INVEST AS.
At a glance
Scorecard
Revenue
52.5k NOK
1 993 NOK
-96.2%
Operating result
-7 414 NOK
n/m
—
Equity
-576.5k NOK
72.0k NOK
+112.5%
Cash
17.1k NOK
952.2k NOK
+5473.9%
Total assets
1.74m NOK
4.66m NOK
+167.5%
What improved
-
↑
Equity strengthened
Book equity -576.5k NOK → 72.0k NOK (equity ratio -33.1% → 1.5%). Calculated
-
↑
Cash rose
Bank deposits 17.1k NOK → 952.2k NOK (+5473.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 52.5k NOK to 1 993 NOK (-96.2% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1.72m NOK → 1 723 NOK. Reported fact