Org.nr 979 512 058 2018 → 2019 Year-over-year analysis

AKERSVEIEN 19 AS: årsregnskap 2019 vs 2018

Grew 11% on revenue

approved 2020-06-25; registry 2020-08-10; journal 2020 663158

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKERSVEIEN 19 AS. Revenue 1.73m NOK → 1.91m NOK (+10.8%). Equity 198.6k NOK → -1.07m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSVEIEN 19 AS.

At a glance

Revenue

1.73m NOK 1.91m NOK

+10.8%

Operating result

n/m -1.21m NOK

—

Net result

n/m -1.27m NOK

—

Equity

198.6k NOK -1.07m NOK

-639.8%

Cash

705.5k NOK 618.7k NOK

-12.3%

Total assets

991.2k NOK 984.8k NOK

-0.7%

↑
Revenue rose

Operating income / revenue moved from 1.73m NOK to 1.91m NOK (+10.8% YoY). Calculated

↓
Equity eroded

Book equity 198.6k NOK → -1.07m NOK (equity ratio 20.0% → -108.9%). Calculated
↓
Cash fell

Bank deposits 705.5k NOK → 618.7k NOK (-12.3% YoY). Calculated

·
Thin equity buffer

Equity ratio is -108.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation