A. KIELLANDS GATE 43 AS: årsregnskap 2018 vs 2017
Grew 18% on revenue, stronger earnings
approved 2019-03-06; registry 2019-03-11; journal 2019 229345
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A. KIELLANDS GATE 43 AS. Revenue 704.0k NOK → 832.4k NOK (+18.2%). Net result +56.9k NOK → +169.0k NOK. Equity -58.1k NOK → -227.2k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. KIELLANDS GATE 43 AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 704.0k NOK to 832.4k NOK (+18.2% YoY). Calculated
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Net result improved
Net result +56.9k NOK → +169.0k NOK (net margin 8.1% → 20.3%). Calculated
What deteriorated
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Operating result weakened
Operating result +391.5k NOK → +100.6k NOK (op. margin 55.6% → 12.1%). Calculated
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Equity eroded
Book equity -58.1k NOK → -227.2k NOK (equity ratio -0.5% → -2.1%). Calculated
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Cash fell
Bank deposits 774.4k NOK → 504.3k NOK (-34.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation