A/S Stortorvet 5: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-03-09; registry 2020-05-11; journal 2020 345998
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A/S Stortorvet 5. Revenue 3.06m NOK → 2.95m NOK (-3.5%). Equity 3.32m NOK → 3.06m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.06m NOK
2.95m NOK
-3.5%
Operating result
n/m
+1.26m NOK
—
Net result
n/m
+940.6k NOK
—
Equity
3.32m NOK
3.06m NOK
-7.8%
Cash
3.97m NOK
3.55m NOK
-10.7%
Total assets
6.30m NOK
5.56m NOK
-11.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.06m NOK to 2.95m NOK (-3.5% YoY). Calculated
-
↓
Equity eroded
Book equity 3.32m NOK → 3.06m NOK (equity ratio 52.8% → 55.0%). Calculated
-
↓
Cash fell
Bank deposits 3.97m NOK → 3.55m NOK (-10.7% YoY). Calculated