A&E EIENDOMSUTVIKLING AS: årsregnskap 2018 vs 2017
Grew 61969% on revenue, weaker earnings, fresh owner capital
approved 2019-06-23; registry 2019-08-01; journal 2019 839800
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A&E EIENDOMSUTVIKLING AS. Revenue 116 NOK → 72.0k NOK (+61969.0%). Net result -161.4k NOK → -277.0k NOK. Equity -8.33m NOK → -8.39m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A&E EIENDOMSUTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 116 NOK to 72.0k NOK (+61969.0% YoY). Calculated
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↑
Operating result improved
Operating result -84.9k NOK → -1 701 NOK (op. margin -73204.3% → -2.4%). Calculated
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↑
Cash rose
Bank deposits 1 128 NOK → 201.3k NOK (+17747.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 323.3k NOK (+223.3k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -161.4k NOK → -277.0k NOK (net margin -139107.8% → -384.8%). Calculated
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↓
Equity eroded
Book equity -8.33m NOK → -8.39m NOK (equity ratio -71.7% → -80.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -80.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 6.18m NOK → 5.69m NOK. Reported fact