A&M EIENDOM AS: årsregnskap 2018 vs 2017
Grew 14% on revenue, cash halved-plus
approved 2019-04-30; registry 2019-05-14; journal 2019 333709
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A&M EIENDOM AS. Revenue 3.93m NOK → 4.48m NOK (+13.9%). Equity 2.61m NOK → 2.59m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A&M EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.93m NOK to 4.48m NOK (+13.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.61m NOK → 2.59m NOK (equity ratio 8.9% → 9.1%). Calculated
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↓
Cash fell
Bank deposits 9.49m NOK → 1.08m NOK (-88.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.97× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (9.49m NOK → 1.08m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 3.64m NOK → 1.14m NOK. Reported fact