A/S Bøgaten 10: årsregnskap 2019 vs 2018
Shrank 94% on revenue, returned to profit
approved 2020-05-27; registry 2020-08-10; journal 2020 664650
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A/S Bøgaten 10. Revenue 943.7k NOK → 60.7k NOK (-93.6%). Net result -177.1k NOK → +45.2k NOK. Equity 375.2k NOK → 420.4k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
943.7k NOK
60.7k NOK
-93.6%
Operating result
n/m
+185.1k NOK
—
Net result
-177.1k NOK
+45.2k NOK
+125.5%
Equity
375.2k NOK
420.4k NOK
+12.1%
Cash
546.8k NOK
591.9k NOK
+8.2%
Total assets
3.95m NOK
3.86m NOK
-2.4%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 177.1k NOK to a profit of 45.2k NOK. Calculated
-
↑
Equity strengthened
Book equity 375.2k NOK → 420.4k NOK (equity ratio 9.5% → 10.9%). Calculated
-
↑
Cash rose
Bank deposits 546.8k NOK → 591.9k NOK (+8.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 943.7k NOK to 60.7k NOK (-93.6% YoY). Calculated