A/S Edvardsen Eiendom: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-06-03; registry 2019-06-20; journal 2019 479153
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S Edvardsen Eiendom. Revenue 887.0k NOK → 882.3k NOK (-0.5%). Net result +252.7k NOK → +496.9k NOK. Equity 988.0k NOK → 4.48m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Edvardsen Eiendom.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +419.4k NOK → +724.6k NOK (op. margin 47.3% → 82.1%). Calculated
-
↑
Net result improved
Net result +252.7k NOK → +496.9k NOK (net margin 28.5% → 56.3%). Calculated
-
↑
Equity strengthened
Book equity 988.0k NOK → 4.48m NOK (equity ratio 20.9% → 54.0%). Calculated
-
↑
Cash rose
Bank deposits 644.9k NOK → 904.2k NOK (+40.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 887.0k NOK to 882.3k NOK (-0.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.41× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 2.12m NOK → 2.20m NOK. Reported fact