FirmaIQ
Org.nr 990 008 957 2018 → 2019 Year-over-year analysis

A. GJERDE EIENDOM AS: årsregnskap 2019 vs 2018

Slipped into loss, cash halved-plus

approved 2020-08-31; registry 2020-09-09; journal 2020 778098

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. GJERDE EIENDOM AS. Revenue 2.00m NOK → 2.04m NOK (+2.0%). Net result +16.91m NOK → -2.70m NOK. Equity 26.03m NOK → 20.92m NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for A. GJERDE EIENDOM AS.

At a glance

Scorecard

Revenue
2.00m NOK 2.04m NOK
+2.0%
Operating result
n/m +1.33m NOK
—
Net result
+16.91m NOK -2.70m NOK
-116.0%
Equity
26.03m NOK 20.92m NOK
-19.6%
Cash
7.21m NOK 2.60m NOK
-63.9%
Total assets
31.20m NOK 26.01m NOK
-16.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.00m NOK to 2.04m NOK (+2.0% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 16.91m NOK profit to a loss of 2.70m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 26.03m NOK → 20.92m NOK (equity ratio 83.4% → 80.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.21m NOK → 2.60m NOK (-63.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.21m NOK → 2.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 272.8k NOK → 244.8k NOK — check capital reduction, conversion, or reclassification. Interpretation