A/S Sigba Eiendom: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-08-28; registry 2020-09-08; journal 2020 768054
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A/S Sigba Eiendom. Revenue 21.01m NOK → 21.11m NOK (+0.5%). Net result +6.20m NOK → +5.57m NOK. Equity 30.35m NOK → 34.68m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A/S Sigba Eiendom.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 21.01m NOK to 21.11m NOK (+0.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 30.35m NOK → 34.68m NOK (equity ratio 11.2% → 12.7%). Calculated
What deteriorated
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↓
Net result weakened
Net result +6.20m NOK → +5.57m NOK (net margin 29.5% → 26.4%). Calculated
-
↓
Cash fell
Bank deposits 107.89m NOK → 67.31m NOK (-37.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.83m NOK → 3.58m NOK (13% → 17% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 518.8k NOK → 411.9k NOK. Reported fact