A.H. EIENDOMMER AS: årsregnskap 2018 vs 2017
Grew 1550% on revenue, weaker earnings, cash halved-plus
approved 2019-07-22; registry 2019-08-03; journal 2019 847436
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A.H. EIENDOMMER AS. Revenue 60.0k NOK → 990.2k NOK (+1550.4%). Net result -541.8k NOK → -772.4k NOK. Equity 6.45m NOK → 5.68m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A.H. EIENDOMMER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 60.0k NOK to 990.2k NOK (+1550.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -752.3k NOK → -899.4k NOK (op. margin -1253.9% → -90.8%). Calculated
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↓
Net result weakened
Net result -541.8k NOK → -772.4k NOK (net margin -903.0% → -78.0%). Calculated
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↓
Equity eroded
Book equity 6.45m NOK → 5.68m NOK (equity ratio 54.4% → 23.3%). Calculated
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↓
Cash fell
Bank deposits 130.9k NOK → 2 130 NOK (-98.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 143 NOK → 90.1k NOK (5% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 33.5k NOK → 151.8k NOK (+352.9% YoY). Calculated