Org.nr 918 271 872 2016 → 2017 Year-over-year analysis

GRACE HOLDING AS: årsregnskap 2017 vs 2016

Cash halved-plus

approved 2018-07-01; registry 2018-07-28; journal 2018 826296

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for GRACE HOLDING AS. Equity 30.0k NOK → 24.5k NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for GRACE HOLDING AS.

Scorecard

Revenue
n/m 0 NOK
—
Equity
30.0k NOK 24.5k NOK
-18.5%
Cash
30.0k NOK 122 NOK
-99.6%
Total assets
30.0k NOK 30.1k NOK
+0.4%

What deteriorated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → 24.5k NOK (equity ratio 100.0% → 81.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 122 NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation