AKERSGATEN 73 B-E AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-08-24; registry 2020-08-31; journal 2020 719187
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSGATEN 73 B-E AS. Revenue 4.17m NOK → 4.38m NOK (+5.0%). Net result +509.6k NOK → +318.3k NOK. Equity 106.0k NOK → 100.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AKERSGATEN 73 B-E AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.17m NOK to 4.38m NOK (+5.0% YoY). Calculated
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↑
Cash rose
Bank deposits 94.0k NOK → 3.85m NOK (+3996.7% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +509.6k NOK → +318.3k NOK (net margin 12.2% → 7.3%). Calculated
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↓
Equity eroded
Book equity 106.0k NOK → 100.0k NOK (equity ratio 3.5% → 2.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.55m NOK → 2.03m NOK (37% → 46% of revenue). Calculated