ADELIN AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-03-27; registry 2019-04-02; journal 2019 262437
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADELIN AS. Revenue 7.15m NOK → 7.09m NOK (-0.8%). Net result +76.8k NOK → +161.4k NOK. Equity 1.24m NOK → 1.40m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADELIN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +75.0k NOK → +166.9k NOK (op. margin 1.0% → 2.4%). Calculated
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↑
Net result improved
Net result +76.8k NOK → +161.4k NOK (net margin 1.1% → 2.3%). Calculated
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↑
Equity strengthened
Book equity 1.24m NOK → 1.40m NOK (equity ratio 51.2% → 52.5%). Calculated
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↑
Cash rose
Bank deposits 317.7k NOK → 348.7k NOK (+9.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.15m NOK to 7.09m NOK (-0.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.28m NOK → 2.34m NOK (32% → 33% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.84m NOK → 3.64m NOK (-5.1% YoY). Calculated