ADAPT CONSULTING AS: årsregnskap 2018 vs 2017
Shrank 41% on revenue, cash halved-plus
approved 2019-05-02; registry 2019-06-01; journal 2019 367630
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADAPT CONSULTING AS. Revenue 9.19m NOK → 5.40m NOK (-41.2%). Net result +935.0k NOK → +906.2k NOK. Equity 800 NOK → 921.2k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
9.19m NOK
5.40m NOK
-41.2%
Net result
+935.0k NOK
+906.2k NOK
-3.1%
Equity
800 NOK
921.2k NOK
+115054.0%
Cash
4.20m NOK
1.76m NOK
-58.0%
Total assets
6.40m NOK
2.45m NOK
-61.7%
What improved
-
↑
Equity strengthened
Book equity 800 NOK → 921.2k NOK (equity ratio 0.0% → 37.6%). Calculated
-
↑
Payroll decreased
Salary cost 3.73m NOK → 2.83m NOK (41% → 52% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.19m NOK to 5.40m NOK (-41.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 4.20m NOK → 1.76m NOK (-58.0% YoY). Calculated