A6 EIENDOM AS: årsregnskap 2019 vs 2018
Grew 203% on revenue, returned to profit, cash halved-plus
approved 2020-04-01; registry 2020-08-03; journal 2020 635713
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A6 EIENDOM AS. Revenue -943.3k NOK → 975.0k NOK (+203.4%). Net result -389.3k NOK → +146.3k NOK. Equity 7.80m NOK → 14.95m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A6 EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from -943.3k NOK to 975.0k NOK (+203.4% YoY). Calculated
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Operating result improved
Operating result -992.3k NOK → +925.3k NOK (op. margin 105.2% → 94.9%). Calculated
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Turned profitable
Net result flipped from a loss of 389.3k NOK to a profit of 146.3k NOK. Calculated
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Equity strengthened
Book equity 7.80m NOK → 14.95m NOK (equity ratio 52.7% → 100.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 8.09m NOK → 226.5k NOK (-97.2% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (8.09m NOK → 226.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 6.72m NOK → 14.72m NOK. Reported fact