FirmaIQ
Org.nr 968 272 551 2017 → 2018 Year-over-year analysis

ADDA BYGGKJEMI AS: årsregnskap 2018 vs 2017

Grew 71% on revenue, weaker earnings

approved 2019-04-04; registry 2019-06-05; journal 2019 378952

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADDA BYGGKJEMI AS. Revenue 20.64m NOK → 35.26m NOK (+70.8%). Net result -3.78m NOK → -4.88m NOK. Equity 14.54m NOK → 7.91m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ADDA BYGGKJEMI AS.

At a glance

Scorecard

Revenue
20.64m NOK 35.26m NOK
+70.8%
Net result
-3.78m NOK -4.88m NOK
-29.1%
Equity
14.54m NOK 7.91m NOK
-45.6%
Cash
262.3k NOK 241.5k NOK
-8.0%
Total assets
21.23m NOK 17.25m NOK
-18.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.64m NOK to 35.26m NOK (+70.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.02m NOK → 6.93m NOK (34% → 20% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -3.78m NOK → -4.88m NOK (net margin -18.3% → -13.8%). Calculated

  • ↓

    Equity eroded

    Book equity 14.54m NOK → 7.91m NOK (equity ratio 68.5% → 45.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 262.3k NOK → 241.5k NOK (-8.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 14.54m NOK → 7.91m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 13.17m NOK → 28.77m NOK (+118.5% YoY). Calculated