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For the six months ended 30 June 2019, MVV Holding AB (publ) revenues decreased 25% to SEK14.7M. Net loss increased from SEK1.3M to SEK3.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Depreciation/Amortization increase of 26% to SEK957K (expense), Financial Items, Net increase from SEK78K to SEK210K (expense).
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 14.7 | 15.44 | 19.53 | 18.82 |
Gross Profit | 15.99 | 15.94 | 20.17 | 18.4 |
Operating Income | -2.95 | -4.79 | -1.19 | -0.07 |
Net Income | -3.16 | -4.42 | -1.32 | -0.45 |
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 21.88 | 19.71 | 29.2 | 26.33 |
Total Liabilities | 20.95 | 15.62 | 20.74 | 16.55 |
Total Equity | 0.93 | 4.09 | 8.46 | 9.78 |
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 1.17 | 0.15 | -2.38 | 3.86 |
Cash From Investing Activities | -1.45 | -1.33 | -1.09 | -1.41 |
Cash From Financing Activities | 0.27 | 0.48 | 2.8 | -2.21 |
Net Change in Cash | -0.01 | -0.69 | -0.66 | 0.24 |
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