AKERSHUS BYGGENTREPRENØR AS: årsregnskap 2019 vs 2018
Shrank 44% on revenue
approved 2020-09-08; registry 2020-09-16; journal 2020 817392
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSHUS BYGGENTREPRENØR AS. Revenue 8.43m NOK → 4.70m NOK (-44.2%). Equity -2.19m NOK → -2.54m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS BYGGENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits -481.2k NOK → -37.8k NOK (+92.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 4.28m NOK → 2.81m NOK (51% → 60% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.43m NOK to 4.70m NOK (-44.2% YoY). Calculated
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↓
Equity eroded
Book equity -2.19m NOK → -2.54m NOK (equity ratio -218.7% → -550.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -550.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 3.91m NOK → 379.5k NOK (-90.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 791.3k NOK → 169.0k NOK. Reported fact