FirmaIQ
Org.nr 987 605 197 2017 → 2018 Year-over-year analysis

2018 EIENDOM AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-02-01; registry 2019-05-27; journal 2019 359380

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 2018 EIENDOM AS. Revenue 1.63m NOK → 1.65m NOK (+1.0%). Net result +872.2k NOK → +764.1k NOK. Equity 3.22m NOK → 2.98m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 2018 EIENDOM AS.

At a glance

Scorecard

Revenue
1.63m NOK 1.65m NOK
+1.0%
Operating result
+1.27m NOK +1.11m NOK
-12.7%
Net result
+872.2k NOK +764.1k NOK
-12.4%
Equity
3.22m NOK 2.98m NOK
-7.3%
Cash
2.25m NOK 341.7k NOK
-84.8%
Total assets
12.67m NOK 10.59m NOK
-16.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.63m NOK to 1.65m NOK (+1.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.27m NOK → +1.11m NOK (op. margin 77.9% → 67.3%). Calculated

  • ↓

    Net result weakened

    Net result +872.2k NOK → +764.1k NOK (net margin 53.5% → 46.4%). Calculated

  • ↓

    Equity eroded

    Book equity 3.22m NOK → 2.98m NOK (equity ratio 25.4% → 28.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.25m NOK → 341.7k NOK (-84.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 11.42× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.25m NOK → 341.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation