ADDIT VEST AS: årsregnskap 2018 vs 2017
Shrank 65% on revenue
approved 2019-05-23; registry 2019-06-19; journal 2019 467775
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADDIT VEST AS. Revenue 658.3k NOK → 232.9k NOK (-64.6%). Equity 7.40m NOK → 394.4k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
658.3k NOK
232.9k NOK
-64.6%
Equity
7.40m NOK
394.4k NOK
-94.7%
Cash
244.4k NOK
184.8k NOK
-24.4%
Total assets
769.5k NOK
11.6k NOK
-98.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 658.3k NOK to 232.9k NOK (-64.6% YoY). Calculated
-
↓
Equity eroded
Book equity 7.40m NOK → 394.4k NOK (equity ratio 962.1% → 3410.9%). Calculated
-
↓
Cash fell
Bank deposits 244.4k NOK → 184.8k NOK (-24.4% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 4 375 NOK → 1.90m NOK (1% → 814% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 87.4k NOK → 374.1k NOK (+328.2% YoY). Calculated