AC MOWINCKEL HOLDING AS: årsregnskap 2018 vs 2017
Shrank 118% on revenue
approved 2019-06-14; registry 2019-07-20; journal 2019 750633
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AC MOWINCKEL HOLDING AS. Revenue 5.45m NOK → -971.6k NOK (-117.8%). Equity 82.56m NOK → 77.92m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AC MOWINCKEL HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 1.78m NOK → 5.83m NOK (+227.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.45m NOK to -971.6k NOK (-117.8% YoY). Calculated
-
↓
Equity eroded
Book equity 82.56m NOK → 77.92m NOK (equity ratio 99.8% → 99.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 14.07m NOK → 9.70m NOK — check capital reduction, conversion, or reclassification. Interpretation