ADB TJENESTER AS: årsregnskap 2018 vs 2017
Shrank 25% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-07-27; journal 2019 804292
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADB TJENESTER AS. Revenue 32.0k NOK → 24.1k NOK (-24.7%). Equity -53.5k NOK → -113.0k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADB TJENESTER AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -78.9k NOK → -59.4k NOK (op. margin -246.7% → -246.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 32.0k NOK to 24.1k NOK (-24.7% YoY). Calculated
-
↓
Equity eroded
Book equity -53.5k NOK → -113.0k NOK (equity ratio -183.8% → -307.1%). Calculated
-
↓
Cash fell
Bank deposits 4 233 NOK → 1 675 NOK (-60.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -307.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation