7243 AG EIENDOM AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-08-17; registry 2021-10-13; journal 2021 809591
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 7243 AG EIENDOM AS. Revenue 230.6k NOK → 239.6k NOK (+3.9%). Net result +55.0k NOK → -809.9k NOK. Equity 148.1k NOK → -661.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7243 AG EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 230.6k NOK to 239.6k NOK (+3.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +92.1k NOK → -759.7k NOK (op. margin 39.9% → -317.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 55.0k NOK profit to a loss of 809.9k NOK. Calculated
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↓
Equity eroded
Book equity 148.1k NOK → -661.8k NOK (equity ratio 3.9% → -22.8%). Calculated
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↓
Cash fell
Bank deposits 130.8k NOK → 60.0k NOK (-54.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation