Org.nr 995 179 377 2017 → 2018 Year-over-year analysis

ADAL MULTISERVICE AS: årsregnskap 2018 vs 2017

Shrank 25% on revenue

approved 2019-06-21; registry 2019-08-12; journal 2019 914032

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADAL MULTISERVICE AS. Revenue 3.21m NOK → 2.40m NOK (-25.2%). Equity 489.2k NOK → 448.2k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAL MULTISERVICE AS.

At a glance

Revenue

3.21m NOK 2.40m NOK

-25.2%

Operating result

+2.44m NOK n/m

—

Net result

n/m +1.49m NOK

—

Equity

489.2k NOK 448.2k NOK

-8.4%

Cash

71.1k NOK 1.61m NOK

+2160.4%

Total assets

3.40m NOK 2.58m NOK

-24.2%

↑
Cash rose

Bank deposits 71.1k NOK → 1.61m NOK (+2160.4% YoY). Calculated
↑
Payroll decreased

Salary cost 149.7k NOK → 36.7k NOK (5% → 2% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.21m NOK to 2.40m NOK (-25.2% YoY). Calculated
↓
Equity eroded

Book equity 489.2k NOK → 448.2k NOK (equity ratio 14.4% → 17.4%). Calculated