2BH ENEBAKKVEIEN 305 AS: årsregnskap 2019 vs 2018
Grew 9% on revenue, returned to profit, cash halved-plus
approved 2020-08-15; registry 2020-09-30; journal 2020 879573
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2BH ENEBAKKVEIEN 305 AS. Revenue 4.46m NOK → 4.85m NOK (+8.8%). Net result -668.4k NOK → +894.9k NOK. Equity 6.63m NOK → 8.52m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 2BH ENEBAKKVEIEN 305 AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.46m NOK to 4.85m NOK (+8.8% YoY). Calculated
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Operating result improved
Operating result -123.2k NOK → +187.2k NOK (op. margin -2.8% → 3.9%). Calculated
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Turned profitable
Net result flipped from a loss of 668.4k NOK to a profit of 894.9k NOK. Calculated
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↑
Equity strengthened
Book equity 6.63m NOK → 8.52m NOK (equity ratio 18.7% → 26.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.61m NOK → 93.4k NOK (-96.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.61m NOK → 93.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation