A. SÆTHER COMPAGNIET EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 93% on revenue, cash halved-plus, fresh owner capital
approved 2019-06-30; registry 2019-07-09; journal 2019 647153
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A. SÆTHER COMPAGNIET EIENDOM AS. Revenue 3.32m NOK → 225.3k NOK (-93.2%). Equity 2.53m NOK → 2.32m NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.32m NOK
225.3k NOK
-93.2%
Operating result
+1.96m NOK
n/m
—
Net result
+918.0k NOK
n/m
—
Equity
2.53m NOK
2.32m NOK
-8.3%
Cash
729.4k NOK
328.6k NOK
-55.0%
Total assets
10.67m NOK
10.45m NOK
-2.0%
What improved
-
↑
Owners injected capital
Paid-in equity rose 72.4k NOK → 186.0k NOK (+113.6k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.32m NOK to 225.3k NOK (-93.2% YoY). Calculated
-
↓
Equity eroded
Book equity 2.53m NOK → 2.32m NOK (equity ratio 23.7% → 22.2%). Calculated
-
↓
Cash fell
Bank deposits 729.4k NOK → 328.6k NOK (-55.0% YoY). Calculated