ADCARE AS: årsregnskap 2018 vs 2017
Grew 17% on revenue
approved 2019-06-28; registry 2019-07-09; journal 2019 636763
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADCARE AS. Revenue 30.62m NOK → 35.88m NOK (+17.2%). Equity 2.83m NOK → 2.75m NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADCARE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 30.62m NOK to 35.88m NOK (+17.2% YoY). Calculated
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↑
Cash rose
Bank deposits 539.6k NOK → 571.0k NOK (+5.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 7.44m NOK → 2 018 NOK (24% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.83m NOK → 2.75m NOK (equity ratio 24.1% → 26.6%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 15.60m NOK → 19.32m NOK (+23.8% YoY). Calculated