FirmaIQ
Org.nr 917 131 198 2017 → 2018 Year-over-year analysis

ADAPTIVA AS: årsregnskap 2018 vs 2017

Grew 24% on revenue, weaker earnings, cash halved-plus

approved 2019-05-10; registry 2019-06-15; journal 2019 419256

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADAPTIVA AS. Revenue 5.81m NOK → 7.23m NOK (+24.5%). Net result +801.2k NOK → +307.4k NOK. Equity 12.50m NOK → 12.67m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAPTIVA AS.

At a glance

Scorecard

Revenue
5.81m NOK 7.23m NOK
+24.5%
Operating result
+897.9k NOK +403.1k NOK
-55.1%
Net result
+801.2k NOK +307.4k NOK
-61.6%
Equity
12.50m NOK 12.67m NOK
+1.3%
Cash
856.7k NOK 330.0k NOK
-61.5%
Total assets
334.9k NOK 1.95m NOK
+483.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.81m NOK to 7.23m NOK (+24.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 12.50m NOK → 12.67m NOK (equity ratio 3733.0% → 648.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +897.9k NOK → +403.1k NOK (op. margin 15.5% → 5.6%). Calculated

  • ↓

    Net result weakened

    Net result +801.2k NOK → +307.4k NOK (net margin 13.8% → 4.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 856.7k NOK → 330.0k NOK (-61.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.03m NOK → 490.4k NOK (-52.6% YoY). Calculated