FirmaIQ
Org.nr 913 810 767 2018 → 2019 Year-over-year analysis

705 SENTERET AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-07-09; registry 2020-08-06; journal 2020 655448

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 705 SENTERET AS. Revenue 496.2k NOK → 484.3k NOK (-2.4%). Net result +23.3k NOK → -45.8k NOK. Equity -336.8k NOK → -382.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 705 SENTERET AS.

At a glance

Scorecard

Revenue
496.2k NOK 484.3k NOK
-2.4%
Operating result
+107.7k NOK +76.0k NOK
-29.5%
Net result
+23.3k NOK -45.8k NOK
-296.8%
Equity
-336.8k NOK -382.5k NOK
-13.6%
Cash
51.7k NOK 27.5k NOK
-46.9%
Total assets
2.66m NOK 2.51m NOK
-5.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 496.2k NOK to 484.3k NOK (-2.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +107.7k NOK → +76.0k NOK (op. margin 21.7% → 15.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 23.3k NOK profit to a loss of 45.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -336.8k NOK → -382.5k NOK (equity ratio -12.7% → -15.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 51.7k NOK → 27.5k NOK (-46.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation