AE EIENDOM AS: årsregnskap 2020 vs 2019
Stronger earnings
registry 2021-08-30; journal 2021 694498
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AE EIENDOM AS. Revenue 197.3k NOK → 192.0k NOK (-2.7%). Net result -71.0k NOK → -46.7k NOK. Equity -976.7k NOK → -1.02m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AE EIENDOM AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +87.4k NOK → +102.5k NOK (op. margin 44.3% → 53.4%). Calculated
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↑
Net result improved
Net result -71.0k NOK → -46.7k NOK (net margin -36.0% → -24.3%). Calculated
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Cash rose
Bank deposits 1 NOK → 11.3k NOK (+1134100.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 197.3k NOK to 192.0k NOK (-2.7% YoY). Calculated
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↓
Equity eroded
Book equity -976.7k NOK → -1.02m NOK (equity ratio -70.1% → -89.5%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -89.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 778.7k NOK → 586.6k NOK. Reported fact