A1 FREDRIKSTAD EIENDOMSTAKSERING AS: årsregnskap 2019 vs 2018
Grew 7% on revenue, weaker earnings
approved 2020-08-05; registry 2020-08-08; journal 2020 659968
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A1 FREDRIKSTAD EIENDOMSTAKSERING AS. Revenue 854.7k NOK → 917.6k NOK (+7.4%). Net result +110.1k NOK → +46.2k NOK. Equity 970.4k NOK → 933.5k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved; 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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Revenue rose
Operating income / revenue moved from 854.7k NOK to 917.6k NOK (+7.4% YoY). Calculated
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Cash rose
Bank deposits 57.7k NOK → 166.2k NOK (+188.2% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.58× → 1.07×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +155.0k NOK → +67.3k NOK (op. margin 18.1% → 7.3%). Calculated
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↓
Net result weakened
Net result +110.1k NOK → +46.2k NOK (net margin 12.9% → 5.0%). Calculated
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Equity eroded
Book equity 970.4k NOK → 933.5k NOK (equity ratio 53.9% → 52.3%). Calculated
Things to notice
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COGS moved
COGS / varekostnad 425.8k NOK → 488.2k NOK (+14.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.51m NOK → 1.37m NOK. Reported fact