Org.nr 987 794 828 2017 → 2018 Year-over-year analysis

ADECCO INDUSTRI AS: årsregnskap 2018 vs 2017

Shrank 12% on revenue

approved 2019-05-27; registry 2019-07-27; journal 2019 798198

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADECCO INDUSTRI AS. Revenue 58.28m NOK → 51.22m NOK (-12.1%). Equity 36.42m NOK → 33.81m NOK.

On the constructive side: payroll decreased. 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 ADECCO INDUSTRI AS.

At a glance

Revenue

58.28m NOK 51.22m NOK

-12.1%

Net result

-3.02m NOK n/m

—

Equity

36.42m NOK 33.81m NOK

-7.2%

Cash

39.15m NOK 35.78m NOK

-8.6%

Total assets

48.09m NOK 41.33m NOK

-14.1%

↑
Payroll decreased

Salary cost 44.81m NOK → 38.62m NOK (77% → 75% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 58.28m NOK to 51.22m NOK (-12.1% YoY). Calculated
↓
Equity eroded

Book equity 36.42m NOK → 33.81m NOK (equity ratio 75.7% → 81.8%). Calculated
↓
Cash fell

Bank deposits 39.15m NOK → 35.78m NOK (-8.6% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 36.42m NOK → 33.81m NOK — check capital reduction, conversion, or reclassification. Interpretation