Org.nr 917 433 429 2017 → 2018 Year-over-year analysis

ADEKVAT VVS AS: årsregnskap 2018 vs 2017

Shrank 99% on revenue

approved 2019-10-17; registry 2019-10-21; journal 2019 941172

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADEKVAT VVS AS. Revenue 850.1k NOK → 4 458 NOK (-99.5%). Equity 159.1k NOK → 614.6k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADEKVAT VVS AS.

Scorecard

Revenue
850.1k NOK 4 458 NOK
-99.5%
Operating result
n/m +467.6k NOK
—
Net result
n/m +359.5k NOK
—
Equity
159.1k NOK 614.6k NOK
+286.4%
Cash
214.0k NOK 283.8k NOK
+32.6%
Total assets
995.1k NOK 1.38m NOK
+39.0%

What improved

  • ↑

    Equity strengthened

    Book equity 159.1k NOK → 614.6k NOK (equity ratio 16.0% → 44.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 214.0k NOK → 283.8k NOK (+32.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 850.1k NOK to 4 458 NOK (-99.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 159.1k NOK → 62.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.41m NOK → 1.15m NOK (-18.3% YoY). Calculated