123 HOUSING AS: årsregnskap 2019 vs 2018
Shrank 76% on revenue, cash halved-plus
approved 2020-05-05; registry 2020-05-11; journal 2020 343804
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 123 HOUSING AS. Revenue 83.5k NOK → 20.0k NOK (-76.0%). Net result +9 889 NOK → +15.5k NOK. Equity 20.1k NOK → 4 604 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +11.4k NOK → +19.8k NOK (op. margin 13.7% → 99.1%). Calculated
-
↑
Net result improved
Net result +9 889 NOK → +15.5k NOK (net margin 11.8% → 77.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 83.5k NOK to 20.0k NOK (-76.0% YoY). Calculated
-
↓
Equity eroded
Book equity 20.1k NOK → 4 604 NOK (equity ratio 84.8% → 56.2%). Calculated
-
↓
Cash fell
Bank deposits 18.9k NOK → 1 028 NOK (-94.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 5.81× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated