FirmaIQ
Org.nr 912 383 490 2018 → 2019 Year-over-year analysis

AKER BRYGGE UTEAREAL AS: årsregnskap 2019 vs 2018

Grew 14% on revenue, stronger earnings

approved 2020-08-19; registry 2020-09-12; journal 2020 797151

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKER BRYGGE UTEAREAL AS. Revenue 15.41m NOK → 17.59m NOK (+14.2%). Net result +2.87m NOK → +3.98m NOK. Equity 245.13m NOK → 85.83m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AKER BRYGGE UTEAREAL AS.

At a glance

Scorecard

Revenue
15.41m NOK 17.59m NOK
+14.2%
Operating result
+2.26m NOK +4.94m NOK
+118.5%
Net result
+2.87m NOK +3.98m NOK
+38.6%
Equity
245.13m NOK 85.83m NOK
-65.0%
Total assets
267.56m NOK 167.35m NOK
-37.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.41m NOK to 17.59m NOK (+14.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.26m NOK → +4.94m NOK (op. margin 14.7% → 28.1%). Calculated

  • ↑

    Net result improved

    Net result +2.87m NOK → +3.98m NOK (net margin 18.6% → 22.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 245.13m NOK → 85.83m NOK (equity ratio 91.6% → 51.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 48.34× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 234.39m NOK → 85.83m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 48.9k NOK → 7 209 NOK (-85.3% YoY). Calculated