A & G BYGG OG EIENDOM AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2020-07-10; registry 2020-08-31; journal 2020 715775
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A & G BYGG OG EIENDOM AS. Revenue 76.8k NOK → 0 NOK (-100.0%). Net result -48.5k NOK → -71.7k NOK. Equity 148.7k NOK → 77.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A & G BYGG OG EIENDOM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 76.8k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +19.6k NOK → -32.6k NOK. Calculated
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↓
Net result weakened
Net result -48.5k NOK → -71.7k NOK. Calculated
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↓
Equity eroded
Book equity 148.7k NOK → 77.0k NOK (equity ratio 15.9% → 9.5%). Calculated
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↓
Cash fell
Bank deposits 149.0k NOK → 60.1k NOK (-59.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 56.7k NOK → 0 NOK (-100.0% YoY). Calculated