AK EIENDOMMER AS: årsregnskap 2019 vs 2018
Grew 91% on revenue, slipped into loss, cash halved-plus
approved 2020-07-22; registry 2021-01-20; journal 2021 107777
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AK EIENDOMMER AS. Revenue 171.1k NOK → 326.4k NOK (+90.7%). Net result +8 746 NOK → -66.8k NOK. Equity 38.7k NOK → -28.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AK EIENDOMMER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 171.1k NOK to 326.4k NOK (+90.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +11.3k NOK → -85.7k NOK (op. margin 6.6% → -26.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 8 746 NOK profit to a loss of 66.8k NOK. Calculated
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↓
Equity eroded
Book equity 38.7k NOK → -28.1k NOK (equity ratio 19.9% → -61.9%). Calculated
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↓
Cash fell
Bank deposits 81.1k NOK → 26.5k NOK (-67.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -61.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 150.0k NOK → 221.6k NOK (+47.7% YoY). Calculated