Org.nr 996 185 931 2017 → 2018 Year-over-year analysis

ADAPTIC AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-06-19; registry 2019-07-04; journal 2019 603258

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADAPTIC AS. Revenue 10.16m NOK → 10.07m NOK (-0.9%). Equity 9.02m NOK → 3.94m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADAPTIC AS.

At a glance

Revenue

10.16m NOK 10.07m NOK

-0.9%

Operating result

-4.53m NOK n/m

—

Equity

9.02m NOK 3.94m NOK

-56.3%

Cash

307.3k NOK 269.3k NOK

-12.3%

Total assets

14.19m NOK 11.72m NOK

-17.4%

↓
Revenue fell

Operating income / revenue moved from 10.16m NOK to 10.07m NOK (-0.9% YoY). Calculated
↓
Equity eroded

Book equity 9.02m NOK → 3.94m NOK (equity ratio 63.6% → 33.6%). Calculated
↓
Cash fell

Bank deposits 307.3k NOK → 269.3k NOK (-12.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.16× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
COGS moved

COGS / varekostnad 3.88m NOK → 4.14m NOK (+6.7% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 9.02m NOK → 3.94m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Book investments changed

Investment / intangible book value 19.6k NOK → 1 NOK. Reported fact