AGENDA EIENDOM AS: årsregnskap 2019 vs 2018
Grew 23% on revenue, stronger earnings
approved 2020-04-20; registry 2020-04-29; journal 2020 317497
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGENDA EIENDOM AS. Revenue 13.58m NOK → 16.64m NOK (+22.6%). Net result +79.2k NOK → +197.9k NOK. Equity 1.29m NOK → 1.19m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGENDA EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.58m NOK to 16.64m NOK (+22.6% YoY). Calculated
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↑
Operating result improved
Operating result +97.8k NOK → +209.5k NOK (op. margin 0.7% → 1.3%). Calculated
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↑
Net result improved
Net result +79.2k NOK → +197.9k NOK (net margin 0.6% → 1.2%). Calculated
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↑
Cash rose
Bank deposits 211.5k NOK → 2.52m NOK (+1091.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.29m NOK → 1.19m NOK (equity ratio 33.5% → 27.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.37m NOK → 3.52m NOK (25% → 21% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 9.17m NOK → 12.04m NOK (+31.3% YoY). Calculated