Org.nr 913 519 248 2018 → 2019 Year-over-year analysis

A1 PROPERTY AS: årsregnskap 2019 vs 2018

Grew 28% on revenue

approved 2020-06-25; registry 2020-07-04; journal 2020 532691

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A1 PROPERTY AS. Revenue 1.88m NOK → 2.42m NOK (+28.2%). Equity 819.2k NOK → 883.7k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A1 PROPERTY AS.

At a glance

Revenue

1.88m NOK 2.42m NOK

+28.2%

Operating result

n/m +1.61m NOK

—

Net result

n/m +64.5k NOK

—

Equity

819.2k NOK 883.7k NOK

+7.9%

Cash

46.6k NOK 104.6k NOK

+124.2%

Total assets

30.71m NOK 43.16m NOK

+40.5%

↑
Revenue rose

Operating income / revenue moved from 1.88m NOK to 2.42m NOK (+28.2% YoY). Calculated
↑
Equity strengthened

Book equity 819.2k NOK → 883.7k NOK (equity ratio 2.7% → 2.0%). Calculated
↑
Cash rose

Bank deposits 46.6k NOK → 104.6k NOK (+124.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 182.6k NOK → 170.0k NOK (-6.9% YoY). Calculated