FirmaIQ
Org.nr 991 347 275 2017 → 2018 Year-over-year analysis

ADAPTIVE AS: årsregnskap 2018 vs 2017

Grew 37% on revenue, stronger earnings

approved 2019-05-09; registry 2019-05-28; journal 2019 361042

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADAPTIVE AS. Revenue 10.93m NOK → 14.94m NOK (+36.6%). Net result +2.04m NOK → +3.20m NOK. Equity 5.25m NOK → 6.46m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAPTIVE AS.

At a glance

Scorecard

Revenue
10.93m NOK 14.94m NOK
+36.6%
Operating result
+2.47m NOK +4.14m NOK
+67.6%
Net result
+2.04m NOK +3.20m NOK
+57.0%
Equity
5.25m NOK 6.46m NOK
+22.9%
Cash
4.20m NOK 5.78m NOK
+37.9%
Total assets
6.88m NOK 9.76m NOK
+41.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.93m NOK to 14.94m NOK (+36.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.47m NOK → +4.14m NOK (op. margin 22.6% → 27.7%). Calculated

  • ↑

    Net result improved

    Net result +2.04m NOK → +3.20m NOK (net margin 18.7% → 21.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.25m NOK → 6.46m NOK (equity ratio 76.3% → 66.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.20m NOK → 5.78m NOK (+37.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.80m NOK → 5.53m NOK (44% → 37% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.96m NOK → 3.23m NOK (+64.4% YoY). Calculated