FirmaIQ
Org.nr 816 767 032 2018 → 2019 Year-over-year analysis

ABU-SAID EIENDOM AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-05-29; registry 2020-06-15; journal 2020 432594

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABU-SAID EIENDOM AS. Revenue 60.0k NOK → 60.0k NOK (0.0%). Net result -69.1k NOK → -1 107 NOK. Equity -33.8k NOK → -34.9k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABU-SAID EIENDOM AS.

At a glance

Scorecard

Revenue
60.0k NOK 60.0k NOK
0.0%
Operating result
-69.1k NOK -1 106 NOK
+98.4%
Net result
-69.1k NOK -1 107 NOK
+98.4%
Equity
-33.8k NOK -34.9k NOK
-3.3%
Cash
37.2k NOK 22.2k NOK
-40.5%
Total assets
3.16m NOK 3.15m NOK
-0.4%

What improved

  • ↑

    Operating result improved

    Operating result -69.1k NOK → -1 106 NOK (op. margin -115.2% → -1.8%). Calculated

  • ↑

    Net result improved

    Net result -69.1k NOK → -1 107 NOK (net margin -115.2% → -1.8%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -33.8k NOK → -34.9k NOK (equity ratio -1.1% → -1.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 37.2k NOK → 22.2k NOK (-40.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation