ADAPTIVE MEDIA AS: årsregnskap 2018 vs 2017
Shrank 21% on revenue, stronger earnings, cash halved-plus
approved 2019-05-28; registry 2019-06-18; journal 2019 448447
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADAPTIVE MEDIA AS. Revenue 1.54m NOK → 1.22m NOK (-20.6%). Net result +33.4k NOK → +93.8k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAPTIVE MEDIA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +47.1k NOK → +143.7k NOK (op. margin 3.1% → 11.7%). Calculated
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↑
Net result improved
Net result +33.4k NOK → +93.8k NOK (net margin 2.2% → 7.7%). Calculated
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↑
Payroll decreased
Salary cost 5.88m NOK → 522.7k NOK (382% → 43% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.54m NOK to 1.22m NOK (-20.6% YoY). Calculated
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↓
Cash fell
Bank deposits 5 876 NOK → 502 NOK (-91.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 262.5k NOK → 170.6k NOK (-35.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 32.0k NOK → 20.0k NOK. Reported fact