ADDIT VEST AS: årsregnskap 2019 vs 2018
Grew 1162% on revenue
approved 2020-04-25; registry 2020-05-05; journal 2020 329396
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADDIT VEST AS. Revenue 232.9k NOK → 2.94m NOK (+1162.2%). Equity 394.4k NOK → 214.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADDIT VEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 232.9k NOK to 2.94m NOK (+1162.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.90m NOK → 1.64m NOK (814% → 56% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 394.4k NOK → 214.8k NOK (equity ratio 3410.9% → 31.1%). Calculated
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↓
Cash fell
Bank deposits 184.8k NOK → 134.1k NOK (-27.4% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 374.1k NOK → 531.3k NOK (+42.0% YoY). Calculated