ADJUNKT ARENTZGATE VEST 3A AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-09-04; registry 2020-09-19; journal 2020 834746
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADJUNKT ARENTZGATE VEST 3A AS. Revenue 197.1k NOK → 199.5k NOK (+1.2%). Net result +115.7k NOK → +42.9k NOK. Equity 14.6k NOK → -28.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; 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
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 197.1k NOK to 199.5k NOK (+1.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +92.0k NOK → +56.7k NOK (op. margin 46.7% → 28.4%). Calculated
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↓
Net result weakened
Net result +115.7k NOK → +42.9k NOK (net margin 58.7% → 21.5%). Calculated
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↓
Equity eroded
Book equity 14.6k NOK → -28.3k NOK (equity ratio 0.5% → -1.1%). Calculated
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↓
Cash fell
Bank deposits 11.2k NOK → 9 390 NOK (-16.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation