2015 EIENDOM AS: årsregnskap 2019 vs 2018
Grew 82235% on revenue, slipped into loss, cash halved-plus
approved 2020-05-28; registry 2020-08-31; journal 2020 716475
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2015 EIENDOM AS. Revenue 681 NOK → 560.7k NOK (+82234.8%). Net result +172.5k NOK → -58.2k NOK. Equity 124.4k NOK → 59.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 2015 EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 681 NOK to 560.7k NOK (+82234.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +515.1k NOK → +276.2k NOK (op. margin 75638.8% → 49.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 172.5k NOK profit to a loss of 58.2k NOK. Calculated
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↓
Equity eroded
Book equity 124.4k NOK → 59.3k NOK (equity ratio 1.6% → 0.8%). Calculated
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↓
Cash fell
Bank deposits 89.9k NOK → 13.7k NOK (-84.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → -31.8k NOK. Reported fact