Org.nr 918 271 872 2018 → 2019 Year-over-year analysis

GRACE HOLDING AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, cash halved-plus

approved 2020-06-07; registry 2020-06-09; journal 2020 445184

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for GRACE HOLDING AS. Revenue 4 000 NOK → 0 NOK (-100.0%). Equity 26.7k NOK → 24.4k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

4 000 NOK 0 NOK

-100.0%

Operating result

+2 882 NOK -2 240 NOK

-177.7%

Net result

n/m -2 240 NOK

—

Equity

26.7k NOK 24.4k NOK

-8.4%

Cash

4 123 NOK 1 220 NOK

-70.4%

Total assets

34.1k NOK 31.2k NOK

-8.5%

↓
Revenue fell

Operating income / revenue moved from 4 000 NOK to 0 NOK (-100.0% YoY). Calculated
↓
Operating result weakened

Operating result +2 882 NOK → -2 240 NOK. Calculated
↓
Equity eroded

Book equity 26.7k NOK → 24.4k NOK (equity ratio 78.2% → 78.3%). Calculated
↓
Cash fell

Bank deposits 4 123 NOK → 1 220 NOK (-70.4% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 26.7k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation