A/S Voldsminde VII: årsregnskap 2019 vs 2018
Grew 99723053% on revenue, stronger earnings, cash halved-plus
approved 2020-06-17; registry 2020-08-12; journal 2020 667480
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A/S Voldsminde VII. Revenue 753.9k NOK → 751.85bn NOK (+99723053.4%). Net result +5.16m NOK → +5177.28bn NOK. Equity 1.18m NOK → 1.35m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 753.9k NOK to 751.85bn NOK (+99723053.4% YoY). Calculated
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Operating result improved
Operating result +131.20bn NOK → +174.79bn NOK (op. margin 17401758.2% → 23.2%). Calculated
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Net result improved
Net result +5.16m NOK → +5177.28bn NOK (net margin 684.7% → 688.6%). Calculated
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Equity strengthened
Book equity 1.18m NOK → 1.35m NOK (equity ratio 76.8% → 82.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 944.4k NOK → 57.5k NOK (-93.9% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 9.29× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated