FirmaIQ
Org.nr 914 553 849 2017 → 2018 Year-over-year analysis

ADAMS VESTBY AS: årsregnskap 2018 vs 2017

Grew 2803% on revenue, cash halved-plus

approved 2019-05-16; registry 2019-06-08; journal 2019 392438

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADAMS VESTBY AS. Revenue 72.1k NOK → 2.09m NOK (+2802.8%). Net result +795.7k NOK → +835.7k NOK. Equity 6.69m NOK → 7.33m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
72.1k NOK 2.09m NOK
+2802.8%
Operating result
+1.43m NOK +1.46m NOK
+2.0%
Net result
+795.7k NOK +835.7k NOK
+5.0%
Equity
6.69m NOK 7.33m NOK
+9.5%
Cash
816.3k NOK 61.6k NOK
-92.5%
Total assets
22.39m NOK 21.89m NOK
-2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 72.1k NOK to 2.09m NOK (+2802.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.43m NOK → +1.46m NOK (op. margin 1983.7% → 69.7%). Calculated

  • ↑

    Net result improved

    Net result +795.7k NOK → +835.7k NOK (net margin 1103.0% → 39.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.69m NOK → 7.33m NOK (equity ratio 29.9% → 33.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 816.3k NOK → 61.6k NOK (-92.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.27× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated