FirmaIQ
Org.nr 991 108 017 2018 → 2019 Year-over-year analysis

5C EIENDOM AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-03-31; registry 2020-04-06; journal 2020 276863

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 5C EIENDOM AS. Revenue 1.32m NOK → 1.29m NOK (-2.5%). Net result +346.0k NOK → +340.7k NOK. Equity 961.2k NOK → 301.9k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for 5C EIENDOM AS.

At a glance

Scorecard

Revenue
1.32m NOK 1.29m NOK
-2.5%
Operating result
+626.8k NOK +662.2k NOK
+5.7%
Net result
+346.0k NOK +340.7k NOK
-1.5%
Equity
961.2k NOK 301.9k NOK
-68.6%
Cash
1.67m NOK 268.9k NOK
-83.9%
Total assets
11.92m NOK 9.88m NOK
-17.1%

What improved

  • ↑

    Operating result improved

    Operating result +626.8k NOK → +662.2k NOK (op. margin 47.4% → 51.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.32m NOK to 1.29m NOK (-2.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 961.2k NOK → 301.9k NOK (equity ratio 8.1% → 3.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.67m NOK → 268.9k NOK (-83.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.67m NOK → 268.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation