Org.nr 993 011 126 2018 → 2019 Year-over-year analysis

A. BØRRESEN EIENDOM AS: årsregnskap 2019 vs 2018

Shrank 38% on revenue

approved 2020-02-27; registry 2020-07-20; journal 2020 608417

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. BØRRESEN EIENDOM AS. Revenue 2.03m NOK → 1.26m NOK (-37.9%). Equity 2.31m NOK → 2.09m NOK.

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

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

At a glance

Revenue

2.03m NOK 1.26m NOK

-37.9%

Operating result

n/m -73.9k NOK

—

Net result

n/m -211.2k NOK

—

Equity

2.31m NOK 2.09m NOK

-9.2%

Cash

187.9k NOK 606.5k NOK

+222.8%

Total assets

6.86m NOK 6.42m NOK

-6.4%

↑
Cash rose

Bank deposits 187.9k NOK → 606.5k NOK (+222.8% YoY). Calculated
↑
Payroll decreased

Salary cost 660.0k NOK → 1 NOK (32% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.03m NOK to 1.26m NOK (-37.9% YoY). Calculated
↓
Equity eroded

Book equity 2.31m NOK → 2.09m NOK (equity ratio 33.6% → 32.6%). Calculated