7 STAR EIENDOM AS: årsregnskap 2019 vs 2018
Shrank 54% on revenue, weaker earnings
approved 2020-08-17; registry 2020-09-24; journal 2020 852662
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 7 STAR EIENDOM AS. Revenue 509.0k NOK → 236.0k NOK (-53.6%). Net result +532.6k NOK → +285.1k NOK. Equity 811.9k NOK → 3.43m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 7 STAR EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 811.9k NOK → 3.43m NOK (equity ratio 7.4% → 45.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.90× → 3.32×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 509.0k NOK to 236.0k NOK (-53.6% YoY). Calculated
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↓
Operating result weakened
Operating result +407 NOK → -203.0k NOK (op. margin 0.1% → -86.0%). Calculated
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↓
Net result weakened
Net result +532.6k NOK → +285.1k NOK (net margin 104.6% → 120.8%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 204.4k NOK → 104.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 3 500 NOK. Reported fact