Org.nr 990 008 957 2017 → 2018 Year-over-year analysis

A. GJERDE EIENDOM AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-05-29; registry 2019-06-20; journal 2019 490094

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A. GJERDE EIENDOM AS. Revenue 1.95m NOK → 2.00m NOK (+2.9%). Net result +1.09m NOK → +16.91m NOK. Equity 9.12m NOK → 26.03m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. GJERDE EIENDOM AS.

Scorecard

Revenue
1.95m NOK 2.00m NOK
+2.9%
Operating result
+198.6k NOK n/m
—
Net result
+1.09m NOK +16.91m NOK
+1449.2%
Equity
9.12m NOK 26.03m NOK
+185.5%
Cash
631.3k NOK 7.21m NOK
+1041.7%
Total assets
16.94m NOK 31.20m NOK
+84.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.95m NOK to 2.00m NOK (+2.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.09m NOK → +16.91m NOK (net margin 56.1% → 843.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.12m NOK → 26.03m NOK (equity ratio 53.8% → 83.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 631.3k NOK → 7.21m NOK (+1041.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.65× → 3.94×. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.60m NOK → 650.0k NOK. Reported fact