A J STANGELAND EIENDOM AS: årsregnskap 2018 vs 2017
Grew 2300% on revenue, weaker earnings
approved 2019-06-28; registry 2019-07-13; journal 2019 692862
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A J STANGELAND EIENDOM AS. Revenue 56.5k NOK → 1.36m NOK (+2300.0%). Net result +461.0k NOK → +65.6k NOK. Equity 5.70m NOK → 5.76m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A J STANGELAND EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 56.5k NOK to 1.36m NOK (+2300.0% YoY). Calculated
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↑
Operating result improved
Operating result +723.0k NOK → +732.2k NOK (op. margin 1278.9% → 54.0%). Calculated
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↑
Equity strengthened
Book equity 5.70m NOK → 5.76m NOK (equity ratio 72.6% → 83.1%). Calculated
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↑
Cash rose
Bank deposits 1.82m NOK → 1.87m NOK (+2.3% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +461.0k NOK → +65.6k NOK (net margin 815.5% → 4.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4.85m NOK → 3.68m NOK. Reported fact