FirmaIQ
Org.nr 992 670 630 2018 → 2019 Year-over-year analysis

AKERSGATEN 1-5 AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-06-16; registry 2020-07-25; journal 2020 607017

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKERSGATEN 1-5 AS. Revenue 11.48m NOK → 11.46m NOK (-0.2%). Net result +617.3k NOK → +674.2k NOK. Equity 6.44m NOK → 1.11m NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSGATEN 1-5 AS.

At a glance

Scorecard

Revenue
11.48m NOK 11.46m NOK
-0.2%
Operating result
+6.06m NOK +5.32m NOK
-12.2%
Net result
+617.3k NOK +674.2k NOK
+9.2%
Equity
6.44m NOK 1.11m NOK
-82.8%
Cash
3.57m NOK 2.58m NOK
-27.6%
Total assets
110.98m NOK 109.39m NOK
-1.4%

What improved

  • ↑

    Net result improved

    Net result +617.3k NOK → +674.2k NOK (net margin 5.4% → 5.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.48m NOK to 11.46m NOK (-0.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.06m NOK → +5.32m NOK (op. margin 52.8% → 46.5%). Calculated

  • ↓

    Equity eroded

    Book equity 6.44m NOK → 1.11m NOK (equity ratio 5.8% → 1.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.57m NOK → 2.58m NOK (-27.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.80m NOK → 1.94m NOK (+7.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation