Org.nr 993 011 126 2017 → 2018 Year-over-year analysis

A. BØRRESEN EIENDOM AS: årsregnskap 2018 vs 2017

Grew 27% on revenue, cash halved-plus

approved 2019-02-19; registry 2019-03-28; journal 2019 257229

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A. BØRRESEN EIENDOM AS. Revenue 1.61m NOK → 2.03m NOK (+26.6%). Equity 1.97m NOK → 2.31m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. BØRRESEN EIENDOM AS.

At a glance

Revenue

1.61m NOK 2.03m NOK

+26.6%

Equity

1.97m NOK 2.31m NOK

+17.3%

Cash

491.2k NOK 187.9k NOK

-61.8%

Total assets

6.83m NOK 6.86m NOK

+0.4%

↑
Revenue rose

Operating income / revenue moved from 1.61m NOK to 2.03m NOK (+26.6% YoY). Calculated
↑
Equity strengthened

Book equity 1.97m NOK → 2.31m NOK (equity ratio 28.8% → 33.6%). Calculated
↑
Payroll decreased

Salary cost 736.9k NOK → 660.0k NOK (46% → 32% of revenue). Calculated