ADEK AS: årsregnskap 2018 vs 2017
Grew 12% on revenue
approved 2019-07-31; registry 2019-08-08; journal 2019 909546
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADEK AS. Revenue 2.73m NOK → 3.04m NOK (+11.5%). Net result +23.0k NOK → +21.2k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADEK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.73m NOK to 3.04m NOK (+11.5% YoY). Calculated
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↑
Cash rose
Bank deposits 289.2k NOK → 353.8k NOK (+22.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 2.48×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +914.1k NOK → +10.6k NOK (op. margin 33.5% → 0.3%). Calculated
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↓
Net result weakened
Net result +23.0k NOK → +21.2k NOK (net margin 0.8% → 0.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 870.3k NOK → 120.9k NOK (-86.1% YoY). Calculated