AD MEN AS: årsregnskap 2018 vs 2017
Shrank 64% on revenue, stronger earnings
approved 2019-02-13; registry 2019-03-07; journal 2019 228185
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AD MEN AS. Revenue 548.2k NOK → 194.8k NOK (-64.5%). Net result +24.2k NOK → +64.4k NOK. Equity 21.2k NOK → 85.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +24.2k NOK → +78.6k NOK (op. margin 4.4% → 40.4%). Calculated
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↑
Net result improved
Net result +24.2k NOK → +64.4k NOK (net margin 4.4% → 33.1%). Calculated
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↑
Equity strengthened
Book equity 21.2k NOK → 85.6k NOK (equity ratio 30.0% → 61.3%). Calculated
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↑
Payroll decreased
Salary cost 3.37m NOK → 3 NOK (614% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 548.2k NOK to 194.8k NOK (-64.5% YoY). Calculated
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↓
Cash fell
Bank deposits 45.6k NOK → 34.7k NOK (-23.9% YoY). Calculated