Org.nr 988 713 597 2017 → 2018 Year-over-year analysis

ADACC INTERNATIONAL AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, cash halved-plus

approved 2019-05-27; registry 2019-08-08; journal 2019 896040

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADACC INTERNATIONAL AS. Revenue 488.4k NOK → 488 NOK (-99.9%). Equity 1.26m NOK → 1.32m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADACC INTERNATIONAL AS.

At a glance

Revenue

488.4k NOK 488 NOK

-99.9%

Operating result

n/m -16.1k NOK

—

Net result

n/m +53.1k NOK

—

Equity

1.26m NOK 1.32m NOK

+4.2%

Cash

34.1k NOK 7 628 NOK

-77.6%

Total assets

3.19m NOK 3.43m NOK

+7.6%

↑
Equity strengthened

Book equity 1.26m NOK → 1.32m NOK (equity ratio 39.6% → 38.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 488.4k NOK to 488 NOK (-99.9% YoY). Calculated
↓
Cash fell

Bank deposits 34.1k NOK → 7 628 NOK (-77.6% YoY). Calculated

·
Book investments changed

Investment / intangible book value 227 NOK → 227.0k NOK. Reported fact