AET EIENDOM ARENDAL AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue, weaker earnings
approved 2020-06-06; registry 2020-07-02; journal 2020 521375
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AET EIENDOM ARENDAL AS. Revenue 909.7k NOK → 835.0k NOK (-8.2%). Net result +202.4k NOK → +126.7k NOK. Equity 3.14m NOK → 3.26m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 3.14m NOK → 3.26m NOK (equity ratio 45.4% → 47.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 909.7k NOK to 835.0k NOK (-8.2% YoY). Calculated
-
↓
Net result weakened
Net result +202.4k NOK → +126.7k NOK (net margin 22.3% → 15.2%). Calculated
-
↓
Cash fell
Bank deposits 818.9k NOK → 782.1k NOK (-4.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.98× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated