A C SMITH EIENDOM AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-06-30; registry 2020-07-08; journal 2020 549496
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A C SMITH EIENDOM AS. Revenue 1.06m NOK → 1.08m NOK (+1.7%). Net result +669.2k NOK → +712.9k NOK. Equity 7.07m NOK → 5.78m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.06m NOK
1.08m NOK
+1.7%
Operating result
n/m
+899.7k NOK
—
Net result
+669.2k NOK
+712.9k NOK
+6.5%
Equity
7.07m NOK
5.78m NOK
-18.2%
Cash
779.4k NOK
626.0k NOK
-19.7%
Total assets
7.41m NOK
6.13m NOK
-17.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.06m NOK to 1.08m NOK (+1.7% YoY). Calculated
-
↑
Net result improved
Net result +669.2k NOK → +712.9k NOK (net margin 63.2% → 66.2%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7.07m NOK → 5.78m NOK (equity ratio 95.4% → 94.3%). Calculated
-
↓
Cash fell
Bank deposits 779.4k NOK → 626.0k NOK (-19.7% YoY). Calculated