FirmaIQ
Org.nr 812 084 062 2018 → 2019 Year-over-year analysis

A O GREVSTAD EIENDOM AS: årsregnskap 2019 vs 2018

Grew 49% on revenue, stronger earnings, fresh owner capital

approved 2020-08-31; registry 2020-09-10; journal 2020 790204

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A O GREVSTAD EIENDOM AS. Revenue 14.42m NOK → 21.53m NOK (+49.3%). Net result +159.0k NOK → +10.43m NOK. Equity 3.86m NOK → 21.48m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A O GREVSTAD EIENDOM AS.

At a glance

Scorecard

Revenue
14.42m NOK 21.53m NOK
+49.3%
Operating result
+3.79m NOK +4.75m NOK
+25.5%
Net result
+159.0k NOK +10.43m NOK
+6458.7%
Equity
3.86m NOK 21.48m NOK
+456.7%
Cash
2.36m NOK 11.74m NOK
+397.7%
Total assets
120.48m NOK 205.84m NOK
+70.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.42m NOK to 21.53m NOK (+49.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.79m NOK → +4.75m NOK (op. margin 26.2% → 22.1%). Calculated

  • ↑

    Net result improved

    Net result +159.0k NOK → +10.43m NOK (net margin 1.1% → 48.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.86m NOK → 21.48m NOK (equity ratio 3.2% → 10.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.36m NOK → 11.74m NOK (+397.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.00m NOK → 3.05m NOK (14% → 14% of revenue). Calculated