Org.nr 989 370 502 2017 → 2018 Year-over-year analysis

ADAMSRØD FERDIGPLEN AS: årsregnskap 2018 vs 2017

Shrank 21% on revenue, cash halved-plus

approved 2019-02-06; registry 2019-05-04; journal 2019 303192

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADAMSRØD FERDIGPLEN AS. Revenue 5.84m NOK → 4.58m NOK (-21.5%). Equity 1.87m NOK → 1.23m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ADAMSRØD FERDIGPLEN AS.

At a glance

Revenue

5.84m NOK 4.58m NOK

-21.5%

Operating result

+1.10m NOK -646.1k NOK

-158.6%

Equity

1.87m NOK 1.23m NOK

-34.4%

Cash

2.24m NOK 880.3k NOK

-60.7%

Total assets

2.86m NOK 1.43m NOK

-50.1%

↓
Revenue fell

Operating income / revenue moved from 5.84m NOK to 4.58m NOK (-21.5% YoY). Calculated
↓
Operating result weakened

Operating result +1.10m NOK → -646.1k NOK (op. margin 18.9% → -14.1%). Calculated
↓
Equity eroded

Book equity 1.87m NOK → 1.23m NOK (equity ratio 65.5% → 86.1%). Calculated
↓
Cash fell

Bank deposits 2.24m NOK → 880.3k NOK (-60.7% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.24m NOK → 880.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 907.2k NOK → 859.6k NOK (-5.3% YoY). Calculated