A6 BOLIG AS: årsregnskap 2019 vs 2018
Grew 261% on revenue, slipped into loss, cash halved-plus
approved 2020-08-23; registry 2020-09-03; journal 2020 734030
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A6 BOLIG AS. Revenue 5.56m NOK → 20.07m NOK (+260.7%). Net result +231.1k NOK → -511.2k NOK. Equity 2.36m NOK → 1.85m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A6 BOLIG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.56m NOK to 20.07m NOK (+260.7% YoY). Calculated
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↑
Operating result improved
Operating result +524.1k NOK → +716.7k NOK (op. margin 9.4% → 3.6%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 231.1k NOK profit to a loss of 511.2k NOK. Calculated
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↓
Equity eroded
Book equity 2.36m NOK → 1.85m NOK (equity ratio 20.4% → 5.6%). Calculated
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↓
Cash fell
Bank deposits 371.6k NOK → 7 531 NOK (-98.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 4.98m NOK → 19.07m NOK (+282.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2 NOK → 1.00m NOK. Reported fact