AEKO BOLIGUTLEIE AS: årsregnskap 2019 vs 2018
Shrank 14% on revenue, stronger earnings
approved 2020-05-06; registry 2020-05-12; journal 2020 346020
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AEKO BOLIGUTLEIE AS. Revenue 547.2k NOK → 468.0k NOK (-14.5%). Net result +9 878 NOK → +292.9k NOK. Equity 5.10m NOK → 2.56m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AEKO BOLIGUTLEIE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +9 878 NOK → +292.9k NOK (net margin 1.8% → 62.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 547.2k NOK to 468.0k NOK (-14.5% YoY). Calculated
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↓
Operating result weakened
Operating result +264.3k NOK → +1 896 NOK (op. margin 48.3% → 0.4%). Calculated
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↓
Equity eroded
Book equity 5.10m NOK → 2.56m NOK (equity ratio 39.8% → 21.3%). Calculated
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↓
Cash fell
Bank deposits 370.1k NOK → 302.2k NOK (-18.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 77.06× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 5.05m NOK → 2.55m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 4 200 NOK. Reported fact