Org.nr 961 987 318 2018 → 2019 Year-over-year analysis

A & R EIENDOM SKJERVØY AS: årsregnskap 2019 vs 2018

Grew 6% on revenue

approved 2020-05-08; registry 2020-05-16; journal 2020 359267

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A & R EIENDOM SKJERVØY AS. Revenue 3.89m NOK → 4.14m NOK (+6.4%). Equity 3.12m NOK → 3.25m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A & R EIENDOM SKJERVØY AS.

Scorecard

Revenue
3.89m NOK 4.14m NOK
+6.4%
Operating result
n/m +1.74m NOK
—
Net result
n/m +131.8k NOK
—
Equity
3.12m NOK 3.25m NOK
+4.2%
Cash
267.1k NOK 479.2k NOK
+79.4%
Total assets
38.56m NOK 47.86m NOK
+24.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.89m NOK to 4.14m NOK (+6.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.12m NOK → 3.25m NOK (equity ratio 8.1% → 6.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 267.1k NOK → 479.2k NOK (+79.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.30m NOK → 54.1k NOK (33% → 1% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 99.8k NOK → 0 NOK. Reported fact