ADAMS ISOLERING AS: årsregnskap 2018 vs 2017
Grew 98% on revenue, stronger earnings
approved 2019-06-30; registry 2019-07-18; journal 2019 748485
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADAMS ISOLERING AS. Revenue 3.74m NOK → 7.43m NOK (+98.4%). Net result 0 NOK → +315.3k NOK. Equity 10 NOK → 12.35m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAMS ISOLERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.74m NOK to 7.43m NOK (+98.4% YoY). Calculated
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↑
Net result improved
Net result 0 NOK → +315.3k NOK (net margin 0.0% → 4.2%). Calculated
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↑
Equity strengthened
Book equity 10 NOK → 12.35m NOK (equity ratio 0.0% → 479.3%). Calculated
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↑
Cash rose
Bank deposits -134.5k NOK → 426.7k NOK (+417.3% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.61× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 238.7k NOK → 1.82m NOK (+663.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 1 012 NOK. Reported fact