Org.nr 996 185 931 2018 → 2019 Year-over-year analysis

ADAPTIC AS: årsregnskap 2019 vs 2018

Grew 34% on revenue

approved 2020-06-02; registry 2020-06-15; journal 2020 433054

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAPTIC AS. Revenue 10.07m NOK → 13.46m NOK (+33.7%). Equity 3.94m NOK → 1.69m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

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

At a glance

Revenue

10.07m NOK 13.46m NOK

+33.7%

Operating result

n/m -3.14m NOK

—

Net result

n/m -2.25m NOK

—

Equity

3.94m NOK 1.69m NOK

-57.1%

Cash

269.3k NOK 280.1k NOK

+4.0%

Total assets

11.72m NOK 10.36m NOK

-11.6%

↑
Revenue rose

Operating income / revenue moved from 10.07m NOK to 13.46m NOK (+33.7% YoY). Calculated
↑
Cash rose

Bank deposits 269.3k NOK → 280.1k NOK (+4.0% YoY). Calculated

↓
Equity eroded

Book equity 3.94m NOK → 1.69m NOK (equity ratio 33.6% → 16.3%). Calculated

·
Paid-in equity reduced

Paid-in equity fell 3.94m NOK → 1.69m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS moved

COGS / varekostnad 4.14m NOK → 4.62m NOK (+11.5% YoY). Calculated