7243 AG EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 34% on revenue, weaker earnings, cash halved-plus
approved 2019-06-28; registry 2019-08-05; journal 2019 866284
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 7243 AG EIENDOM AS. Revenue 386.2k NOK → 256.5k NOK (-33.6%). Net result +112.8k NOK → +1 260 NOK. Equity 105.9k NOK → 100.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 7243 AG EIENDOM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 386.2k NOK to 256.5k NOK (-33.6% YoY). Calculated
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Operating result weakened
Operating result +170.3k NOK → +23.2k NOK (op. margin 44.1% → 9.1%). Calculated
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Net result weakened
Net result +112.8k NOK → +1 260 NOK (net margin 29.2% → 0.5%). Calculated
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Equity eroded
Book equity 105.9k NOK → 100.5k NOK (equity ratio 2.8% → 2.7%). Calculated
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Cash fell
Bank deposits 103.9k NOK → 4 027 NOK (-96.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 706.3k NOK → 761.4k NOK. Reported fact