ADAMS HOLDING AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-03-28; registry 2019-04-08; journal 2019 269116
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADAMS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +6 913 NOK → +409.9k NOK. Equity 2.08m NOK → 1.62m NOK.
On the constructive side: net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAMS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +6 913 NOK → +409.9k NOK. Calculated
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↑
Cash rose
Bank deposits 64.2k NOK → 70.0k NOK (+9.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.08m NOK → 1.62m NOK (equity ratio 97.2% → 75.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.08m NOK → 3 NOK. Reported fact