AKERSHUS EIENDOM HOLDING AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-05-20; registry 2020-06-17; journal 2020 441247
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSHUS EIENDOM HOLDING AS. Revenue 161.60m NOK → 166.74m NOK (+3.2%). Net result +37.71m NOK → +25.76m NOK. Equity 20.29m NOK → 36.05m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AKERSHUS EIENDOM HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 161.60m NOK to 166.74m NOK (+3.2% YoY). Calculated
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↑
Equity strengthened
Book equity 20.29m NOK → 36.05m NOK (equity ratio 35.9% → 83.2%). Calculated
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↑
Cash rose
Bank deposits 406.5k NOK → 6.21m NOK (+1428.7% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +37.71m NOK → +25.76m NOK (net margin 23.3% → 15.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 41.01m NOK → 44.64m NOK (25% → 27% of revenue). Calculated