A KLEVEN EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 6% on revenue, returned to profit
approved 2019-03-29; registry 2019-06-19; journal 2019 478107
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A KLEVEN EIENDOM AS. Revenue 2.23m NOK → 2.11m NOK (-5.8%). Net result -9.27m NOK → +108.7k NOK. Equity 11.92m NOK → 12.03m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A KLEVEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +435.6k NOK → +497.0k NOK (op. margin 19.5% → 23.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 9.27m NOK to a profit of 108.7k NOK. Calculated
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↑
Equity strengthened
Book equity 11.92m NOK → 12.03m NOK (equity ratio 61.1% → 63.5%). Calculated
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↑
Cash rose
Bank deposits 616.0k NOK → 635.7k NOK (+3.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 4.65m NOK → 4.45m NOK (208% → 211% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.23m NOK to 2.11m NOK (-5.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6.33m NOK → 161.8k NOK. Reported fact