Org.nr 979 497 997 2017 → 2018 Year-over-year analysis

ADD ARKITEKTER AS: årsregnskap 2018 vs 2017

Grew 14% on revenue

approved 2019-06-04; registry 2019-07-03; journal 2019 585361

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADD ARKITEKTER AS. Revenue 55.00m NOK → 62.63m NOK (+13.9%). Equity 8.11m NOK → 5.04m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

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

At a glance

Revenue

55.00m NOK 62.63m NOK

+13.9%

Operating result

+1.61m NOK +2.85m NOK

+77.0%

Equity

8.11m NOK 5.04m NOK

-37.9%

Cash

7.75m NOK 11.58m NOK

+49.4%

Total assets

18.52m NOK 22.53m NOK

+21.7%

↑
Revenue rose

Operating income / revenue moved from 55.00m NOK to 62.63m NOK (+13.9% YoY). Calculated
↑
Operating result improved

Operating result +1.61m NOK → +2.85m NOK (op. margin 2.9% → 4.5%). Calculated
↑
Cash rose

Bank deposits 7.75m NOK → 11.58m NOK (+49.4% YoY). Calculated

↓
Equity eroded

Book equity 8.11m NOK → 5.04m NOK (equity ratio 43.8% → 22.4%). Calculated

·
Payroll increased

Salary cost 42.54m NOK → 43.14m NOK (77% → 69% of revenue). Calculated
·
COGS moved

COGS / varekostnad 6.47m NOK → 10.43m NOK (+61.3% YoY). Calculated