ADEC ØKONOMI AS: årsregnskap 2018 vs 2017
Grew 124202% on revenue
approved 2019-06-20; registry 2019-06-29; journal 2019 553030
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADEC ØKONOMI AS. Revenue 1 079 NOK → 1.34m NOK (+124202.2%). Equity 7 187 NOK → 7.11m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADEC ØKONOMI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 079 NOK to 1.34m NOK (+124202.2% YoY). Calculated
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↑
Equity strengthened
Book equity 7 187 NOK → 7.11m NOK (equity ratio 3.2% → 2076.4%). Calculated
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↑
Cash rose
Bank deposits 21.7k NOK → 151.0k NOK (+594.8% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 175.9k NOK → 117.6k NOK (-33.1% YoY). Calculated