Org.nr 913 110 358 2017 → 2018 Year-over-year analysis

ADAMS BYGGESERVICE AS: årsregnskap 2018 vs 2017

Grew 71% on revenue

approved 2019-03-18; registry 2019-03-25; journal 2019 250401

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADAMS BYGGESERVICE AS. Revenue 561.9k NOK → 963.0k NOK (+71.4%). Equity -134.5k NOK → 786 NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAMS BYGGESERVICE AS.

Scorecard

Revenue
561.9k NOK 963.0k NOK
+71.4%
Operating result
+44.3k NOK +136.9k NOK
+209.0%
Equity
-134.5k NOK 786 NOK
+100.6%
Cash
19.6k NOK 320.5k NOK
+1533.4%
Total assets
158.1k NOK 320.5k NOK
+102.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 561.9k NOK to 963.0k NOK (+71.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +44.3k NOK → +136.9k NOK (op. margin 7.9% → 14.2%). Calculated

  • ↑

    Equity strengthened

    Book equity -134.5k NOK → 786 NOK (equity ratio -85.0% → 0.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.6k NOK → 320.5k NOK (+1533.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.54× → 1.00×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.32m NOK → 3.43m NOK (591% → 356% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 122.6k NOK → 278.4k NOK (+127.1% YoY). Calculated