A/S Eiendomsutvikling: årsregnskap 2019 vs 2018
Grew 18% on revenue, weaker earnings
approved 2020-05-26; registry 2020-06-20; journal 2020 457001
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A/S Eiendomsutvikling. Revenue 3.84m NOK → 4.55m NOK (+18.4%). Net result +123.12m NOK → +2.11m NOK. Equity 2.46m NOK → 1.97m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.84m NOK
4.55m NOK
+18.4%
Operating result
n/m
+2.75m NOK
—
Net result
+123.12m NOK
+2.11m NOK
-98.3%
Equity
2.46m NOK
1.97m NOK
-19.8%
Cash
282.0k NOK
294.2k NOK
+4.3%
Total assets
127.47m NOK
47.85m NOK
-62.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.84m NOK to 4.55m NOK (+18.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 282.0k NOK → 294.2k NOK (+4.3% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +123.12m NOK → +2.11m NOK (net margin 3203.2% → 46.4%). Calculated
-
↓
Equity eroded
Book equity 2.46m NOK → 1.97m NOK (equity ratio 1.9% → 4.1%). Calculated