Org.nr 989 218 190 2017 → 2018 Year-over-year analysis

ADAKS HOLDING AS: årsregnskap 2018 vs 2017

Shrank 21% on revenue

approved 2019-06-20; registry 2019-06-29; journal 2019 560068

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADAKS HOLDING AS. Revenue 7.98m NOK → 6.35m NOK (-20.5%). Equity 6.48m NOK → 6.78m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAKS HOLDING AS.

Scorecard

Revenue
7.98m NOK 6.35m NOK
-20.5%
Operating result
+1.03m NOK +1.46m NOK
+41.6%
Net result
n/m +505.9k NOK
—
Equity
6.48m NOK 6.78m NOK
+4.7%
Cash
591.9k NOK 683.2k NOK
+15.4%
Total assets
38.97m NOK 34.53m NOK
-11.4%

What improved

  • ↑

    Operating result improved

    Operating result +1.03m NOK → +1.46m NOK (op. margin 12.9% → 22.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.48m NOK → 6.78m NOK (equity ratio 16.6% → 19.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 591.9k NOK → 683.2k NOK (+15.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.98m NOK to 6.35m NOK (-20.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.25m NOK → 3.44m NOK (-34.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.12m NOK → 6.12m NOK. Reported fact