Org.nr 996 330 575 2017 → 2018 Year-over-year analysis

ADJUNKT ARENTZGATE VEST 3A AS: årsregnskap 2018 vs 2017

Shrank 12% on revenue

approved 2019-08-06; registry 2019-08-10; journal 2019 918439

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADJUNKT ARENTZGATE VEST 3A AS. Revenue 223.0k NOK → 197.1k NOK (-11.6%). Equity 130.3k NOK → 14.6k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADJUNKT ARENTZGATE VEST 3A AS.

At a glance

Revenue

223.0k NOK 197.1k NOK

-11.6%

Operating result

+72.3k NOK +92.0k NOK

+27.2%

Net result

n/m +115.7k NOK

—

Equity

130.3k NOK 14.6k NOK

-88.8%

Cash

813 NOK 11.2k NOK

+1277.1%

Total assets

2.73m NOK 2.69m NOK

-1.6%

↑
Operating result improved

Operating result +72.3k NOK → +92.0k NOK (op. margin 32.4% → 46.7%). Calculated
↑
Cash rose

Bank deposits 813 NOK → 11.2k NOK (+1277.1% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 223.0k NOK to 197.1k NOK (-11.6% YoY). Calculated
↓
Equity eroded

Book equity 130.3k NOK → 14.6k NOK (equity ratio 4.8% → 0.5%). Calculated

·
Thin equity buffer

Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation