AK BYGG OG EIENDOM AS: årsregnskap 2019 vs 2018
Grew 16% on revenue, weaker earnings
approved 2020-01-20; registry 2020-03-24; journal 2020 254299
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AK BYGG OG EIENDOM AS. Revenue 3.68m NOK → 4.29m NOK (+16.5%). Net result +862.8k NOK → +271.6k NOK. Equity 3.65m NOK → 3.92m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AK BYGG OG EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.68m NOK to 4.29m NOK (+16.5% YoY). Calculated
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Equity strengthened
Book equity 3.65m NOK → 3.92m NOK (equity ratio 10.0% → 11.0%). Calculated
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Payroll decreased
Salary cost 123.0k NOK → 12 NOK (3% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.91m NOK → +1.49m NOK (op. margin 51.8% → 34.7%). Calculated
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↓
Net result weakened
Net result +862.8k NOK → +271.6k NOK (net margin 23.4% → 6.3%). Calculated
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Cash fell
Bank deposits 449.3k NOK → 354.8k NOK (-21.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 808.0k NOK → 168.0k NOK. Reported fact