A J BREIVIK EIENDOM AS: årsregnskap 2019 vs 2018
Grew 25% on revenue, slipped into loss
approved 2020-04-29; registry 2020-05-11; journal 2020 345926
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A J BREIVIK EIENDOM AS. Revenue 780 NOK → 975 NOK (+25.0%). Net result +158.0k NOK → -230.1k NOK. Equity 667.4k NOK → 437.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A J BREIVIK EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 780 NOK to 975 NOK (+25.0% YoY). Calculated
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↑
Cash rose
Bank deposits 58.1k NOK → 65.2k NOK (+12.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +337.6k NOK → +168.1k NOK (op. margin 43288.3% → 17242.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 158.0k NOK profit to a loss of 230.1k NOK. Calculated
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↓
Equity eroded
Book equity 667.4k NOK → 437.3k NOK (equity ratio 6.8% → 4.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation