Org.nr 989 009 990 2017 → 2018 Year-over-year analysis

ADDENDUM AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-06-24; registry 2019-07-04; journal 2019 601158

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADDENDUM AS. Net result +18.4k NOK → +227.4k NOK. Equity 2.81m NOK → 3.04m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDENDUM AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-20.3k NOK -22.6k NOK

-11.4%

Net result

+18.4k NOK +227.4k NOK

+1136.7%

Equity

2.81m NOK 3.04m NOK

+8.1%

Cash

10.9k NOK 668.8k NOK

+6017.7%

Total assets

2.83m NOK 3.06m NOK

+8.1%

↑
Net result improved

Net result +18.4k NOK → +227.4k NOK. Calculated
↑
Equity strengthened

Book equity 2.81m NOK → 3.04m NOK (equity ratio 99.3% → 99.3%). Calculated
↑
Cash rose

Bank deposits 10.9k NOK → 668.8k NOK (+6017.7% YoY). Calculated

↓
Operating result weakened

Operating result -20.3k NOK → -22.6k NOK. Calculated

·
Book investments changed

Investment / intangible book value 2.78m NOK → 1.94m NOK. Reported fact