K94L HOLDING AS: årsregnskap 2018 vs 2017
Shrank 74% on revenue, weaker earnings, cash halved-plus
approved 2019-05-24; registry 2019-07-01; journal 2019 571839
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for K94L HOLDING AS. Revenue 102.0k NOK → 27.0k NOK (-73.5%). Net result +77.6k NOK → +16.6k NOK. Equity 107.6k NOK → 91.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for K94L HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 102.0k NOK to 27.0k NOK (-73.5% YoY). Calculated
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↓
Operating result weakened
Operating result +102.0k NOK → +17.0k NOK (op. margin 100.0% → 62.8%). Calculated
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↓
Net result weakened
Net result +77.6k NOK → +16.6k NOK (net margin 76.0% → 61.3%). Calculated
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↓
Equity eroded
Book equity 107.6k NOK → 91.0k NOK (equity ratio 81.5% → 96.5%). Calculated
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↓
Cash fell
Bank deposits 25.0k NOK → 5 473 NOK (-78.1% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 13.0k NOK → 82.8k NOK. Reported fact