ADDICTS & HABITS AS: årsregnskap 2018 vs 2017
Shrank 58% on revenue, stronger earnings, cash halved-plus
approved 2019-06-12; registry 2019-08-14; journal 2019 905556
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADDICTS & HABITS AS. Revenue 65.6k NOK → 27.9k NOK (-57.5%). Net result -145.6k NOK → -29.3k NOK. Equity 86.7k NOK → 351 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADDICTS & HABITS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -145.7k NOK → -29.3k NOK (op. margin -222.1% → -104.9%). Calculated
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↑
Net result improved
Net result -145.6k NOK → -29.3k NOK (net margin -221.8% → -104.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 65.6k NOK to 27.9k NOK (-57.5% YoY). Calculated
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↓
Equity eroded
Book equity 86.7k NOK → 351 NOK (equity ratio 60.0% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 56.7k NOK → 351 NOK (-99.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.50× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 86.7k NOK → 351 NOK — check capital reduction, conversion, or reclassification. Interpretation