Org.nr 933 813 827 2017 → 2018 Year-over-year analysis

A/S Magnus Bergsgate 6: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-05-09; registry 2019-06-13; journal 2019 416266

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A/S Magnus Bergsgate 6. Revenue 890.2k NOK → 910.5k NOK (+2.3%). Equity -313.9k NOK → -399.9k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Magnus Bergsgate 6.

At a glance

Revenue

890.2k NOK 910.5k NOK

+2.3%

Equity

-313.9k NOK -399.9k NOK

-27.4%

Cash

910.6k NOK 111.4k NOK

-87.8%

Total assets

1.34m NOK 556.4k NOK

-58.4%

↑
Revenue rose

Operating income / revenue moved from 890.2k NOK to 910.5k NOK (+2.3% YoY). Calculated

↓
Equity eroded

Book equity -313.9k NOK → -399.9k NOK (equity ratio -23.5% → -71.9%). Calculated
↓
Cash fell

Bank deposits 910.6k NOK → 111.4k NOK (-87.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is -71.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation