Org.nr 885 621 392 2017 → 2018 Year-over-year analysis

ADEKVAT REGNSKAP & RÅDGIVNING AS: årsregnskap 2018 vs 2017

Shrank 75% on revenue

approved 2019-06-12; registry 2019-06-25; journal 2019 520840

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADEKVAT REGNSKAP & RÅDGIVNING AS. Revenue 6 000 NOK → 1 500 NOK (-75.0%). Equity 244.6k NOK → 9 237 NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADEKVAT REGNSKAP & RÅDGIVNING AS.

Scorecard

Revenue
6 000 NOK 1 500 NOK
-75.0%
Net result
-4 127 NOK n/m
—
Equity
244.6k NOK 9 237 NOK
-96.2%
Cash
385.2k NOK 394.7k NOK
+2.5%
Total assets
927.7k NOK 922.2k NOK
-0.6%

What improved

  • ↑

    Cash rose

    Bank deposits 385.2k NOK → 394.7k NOK (+2.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6 000 NOK to 1 500 NOK (-75.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 244.6k NOK → 9 237 NOK (equity ratio 26.4% → 1.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 252 NOK → 18.0k NOK (54% → 1198% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation