ADELCRANZ AS: årsregnskap 2018 vs 2017
Shrank 126% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-07-17; journal 2019 728306
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADELCRANZ AS. Revenue 1.38m NOK → -359.7k NOK (-126.1%). Net result +8 NOK → +5 NOK. Equity 17.38m NOK → 15.11m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.38m NOK
-359.7k NOK
-126.1%
Operating result
n/m
-2.09m NOK
—
Net result
+8 NOK
+5 NOK
-37.5%
Equity
17.38m NOK
15.11m NOK
-13.1%
Cash
710.8k NOK
311.5k NOK
-56.2%
Total assets
21.13m NOK
18.33m NOK
-13.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.38m NOK to -359.7k NOK (-126.1% YoY). Calculated
-
↓
Equity eroded
Book equity 17.38m NOK → 15.11m NOK (equity ratio 82.3% → 82.4%). Calculated
-
↓
Cash fell
Bank deposits 710.8k NOK → 311.5k NOK (-56.2% YoY). Calculated