3-K EIENDOM AS: årsregnskap 2019 vs 2018
Grew 43% on revenue, weaker earnings
approved 2020-08-31; registry 2020-09-26; journal 2020 855044
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3-K EIENDOM AS. Revenue 171.6k NOK → 245.3k NOK (+43.0%). Net result +23.9k NOK → +9 548 NOK. Equity 44.3k NOK → 53.8k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3-K EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 171.6k NOK to 245.3k NOK (+43.0% YoY). Calculated
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↑
Operating result improved
Operating result +71.9k NOK → +92.5k NOK (op. margin 41.9% → 37.7%). Calculated
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↑
Equity strengthened
Book equity 44.3k NOK → 53.8k NOK (equity ratio 1.2% → 1.2%). Calculated
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↑
Cash rose
Bank deposits 19.3k NOK → 244.0k NOK (+1163.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 6.09×. Calculated
What deteriorated
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↓
Net result weakened
Net result +23.9k NOK → +9 548 NOK (net margin 13.9% → 3.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 576.6k NOK → 824.9k NOK. Reported fact