A1 FREDRIKSTAD EIENDOMSTAKSERING AS: årsregnskap 2018 vs 2017
Shrank 22% on revenue, weaker earnings
approved 2019-06-26; registry 2019-07-04; journal 2019 604918
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A1 FREDRIKSTAD EIENDOMSTAKSERING AS. Revenue 1.09m NOK → 854.7k NOK (-21.5%). Net result +223.7k NOK → +110.1k NOK. Equity 972.0k NOK → 970.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A1 FREDRIKSTAD EIENDOMSTAKSERING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 27.8k NOK → 57.7k NOK (+107.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.09m NOK to 854.7k NOK (-21.5% YoY). Calculated
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↓
Operating result weakened
Operating result +296.7k NOK → +155.0k NOK (op. margin 27.2% → 18.1%). Calculated
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↓
Net result weakened
Net result +223.7k NOK → +110.1k NOK (net margin 20.5% → 12.9%). Calculated
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↓
Equity eroded
Book equity 972.0k NOK → 970.4k NOK (equity ratio 56.2% → 53.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 535.8k NOK → 425.8k NOK (-20.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.64m NOK → 1.51m NOK. Reported fact