AGM EIENDOM AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2020-07-10; registry 2020-07-21; journal 2020 615577
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AGM EIENDOM AS. Revenue 198.4k NOK → 189.7k NOK (-4.4%). Net result +80.3k NOK → +16.2k NOK. Equity 210.8k NOK → 227.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 210.8k NOK → 227.0k NOK (equity ratio 18.4% → 25.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 198.4k NOK to 189.7k NOK (-4.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +103.8k NOK → +20.9k NOK (op. margin 52.3% → 11.0%). Calculated
-
↓
Net result weakened
Net result +80.3k NOK → +16.2k NOK (net margin 40.5% → 8.6%). Calculated
-
↓
Cash fell
Bank deposits 306.8k NOK → 112.7k NOK (-63.3% YoY). Calculated