FirmaIQ
Org.nr 986 980 687 2018 → 2019 Year-over-year analysis

A. K. BOLIGUTLEIE AS: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-05-18; registry 2020-07-09; journal 2020 554014

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. K. BOLIGUTLEIE AS. Revenue 3.22m NOK → 3.35m NOK (+4.1%). Net result +1.32m NOK → +575.4k NOK. Equity 1.15m NOK → 1.10m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. K. BOLIGUTLEIE AS.

At a glance

Scorecard

Revenue
3.22m NOK 3.35m NOK
+4.1%
Operating result
+224.8k NOK +1.35m NOK
+498.4%
Net result
+1.32m NOK +575.4k NOK
-56.6%
Equity
1.15m NOK 1.10m NOK
-4.6%
Cash
482.2k NOK 141.6k NOK
-70.6%
Total assets
21.34m NOK 21.91m NOK
+2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.22m NOK to 3.35m NOK (+4.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +224.8k NOK → +1.35m NOK (op. margin 7.0% → 40.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.32m NOK → +575.4k NOK (net margin 41.1% → 17.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.15m NOK → 1.10m NOK (equity ratio 5.4% → 5.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 482.2k NOK → 141.6k NOK (-70.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation