ADVOKATBYGG SJØGATA AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-03-04; registry 2020-05-16; journal 2020 358941
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATBYGG SJØGATA AS. Revenue 720.0k NOK → 720.0k NOK (0.0%). Net result +158.8k NOK → +122.5k NOK. Equity 299.0k NOK → 421.4k NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
720.0k NOK
720.0k NOK
0.0%
Operating result
+465.8k NOK
+431.7k NOK
-7.3%
Net result
+158.8k NOK
+122.5k NOK
-22.9%
Equity
299.0k NOK
421.4k NOK
+41.0%
Cash
116.1k NOK
80.6k NOK
-30.5%
Total assets
6.97m NOK
6.72m NOK
-3.6%
What improved
-
↑
Equity strengthened
Book equity 299.0k NOK → 421.4k NOK (equity ratio 4.3% → 6.3%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +465.8k NOK → +431.7k NOK (op. margin 64.7% → 60.0%). Calculated
-
↓
Net result weakened
Net result +158.8k NOK → +122.5k NOK (net margin 22.1% → 17.0%). Calculated
-
↓
Cash fell
Bank deposits 116.1k NOK → 80.6k NOK (-30.5% YoY). Calculated