FirmaIQ
Org.nr 914 839 327 2018 → 2019 Year-over-year analysis

PIONEER PROPERTY GROUP ASA: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-04-23; registry 2020-05-06; journal 2020 331250

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for PIONEER PROPERTY GROUP ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result +195.11m NOK → +842.4k NOK. Equity 1.55bn NOK → 2.21bn NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for PIONEER PROPERTY GROUP ASA.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-2.61m NOK -10.72m NOK
-310.1%
Net result
+195.11m NOK +842.4k NOK
-99.6%
Equity
1.55bn NOK 2.21bn NOK
+42.9%
Cash
17.43m NOK 1.86bn NOK
+10560.3%
Total assets
1.58bn NOK 2.45bn NOK
+55.0%

What improved

  • ↑

    Equity strengthened

    Book equity 1.55bn NOK → 2.21bn NOK (equity ratio 97.9% → 90.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.43m NOK → 1.86bn NOK (+10560.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2.61m NOK → -10.72m NOK. Calculated

  • ↓

    Net result weakened

    Net result +195.11m NOK → +842.4k NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.50bn NOK → 1.02bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.44bn NOK → 476.88m NOK. Reported fact