ADAMS INVEST AS: årsregnskap 2018 vs 2017
Grew 231% on revenue, stronger earnings, cash halved-plus
approved 2019-06-30; registry 2019-08-08; journal 2019 907266
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADAMS INVEST AS. Revenue 159.8k NOK → 529.5k NOK (+231.4%). Net result +46.6k NOK → +351.0k NOK. Equity 656.7k NOK → 7 696 NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAMS INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 159.8k NOK to 529.5k NOK (+231.4% YoY). Calculated
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↑
Net result improved
Net result +46.6k NOK → +351.0k NOK (net margin 29.1% → 66.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 656.7k NOK → 7 696 NOK (equity ratio 66.9% → 1.4%). Calculated
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↓
Cash fell
Bank deposits 299.9k NOK → 51.6k NOK (-82.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation