58N EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, stronger earnings
approved 2019-03-28; registry 2019-05-18; journal 2019 336785
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 58N EIENDOM AS. Revenue 382.5k NOK → 482 NOK (-99.9%). Net result +17.9k NOK → +4.12m NOK. Equity 24.19m NOK → 23.81m NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 58N EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +17.9k NOK → +4.12m NOK (net margin 4.7% → 855241.3%). Calculated
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↑
Cash rose
Bank deposits 284.5k NOK → 3.46m NOK (+1117.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 382.5k NOK to 482 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result -125.8k NOK → -173.2k NOK (op. margin -32.9% → -35928.4%). Calculated
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↓
Equity eroded
Book equity 24.19m NOK → 23.81m NOK (equity ratio 81.8% → 83.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 9 484 NOK → 940 NOK (-90.1% YoY). Calculated