Org.nr 914 839 327 2017 → 2018 Year-over-year analysis

PIONEER PROPERTY GROUP ASA: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-03-20; registry 2019-06-22; journal 2019 496693

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for PIONEER PROPERTY GROUP ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result +250.5k NOK → +195.11m NOK. Equity 1.56bn NOK → 1.55bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for PIONEER PROPERTY GROUP ASA.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-2.68m NOK -2.61m NOK
+2.5%
Net result
+250.5k NOK +195.11m NOK
+77786.0%
Equity
1.56bn NOK 1.55bn NOK
-0.4%
Cash
34.36m NOK 17.43m NOK
-49.3%
Total assets
1.59bn NOK 1.58bn NOK
-0.3%

What improved

  • ↑

    Operating result improved

    Operating result -2.68m NOK → -2.61m NOK. Calculated

  • ↑

    Net result improved

    Net result +250.5k NOK → +195.11m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.56bn NOK → 1.55bn NOK (equity ratio 98.0% → 97.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 34.36m NOK → 17.43m NOK (-49.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.47bn NOK → 1.44bn NOK. Reported fact