Org.nr 984 603 746 2017 → 2018 Year-over-year analysis

ADELSMANN AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-05-28; registry 2019-08-05; journal 2019 864228

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADELSMANN AS. Revenue 6.94m NOK → 7.09m NOK (+2.2%). Equity 1.57m NOK → 1.78m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADELSMANN AS.

At a glance

Revenue

6.94m NOK 7.09m NOK

+2.2%

Equity

1.57m NOK 1.78m NOK

+13.2%

Cash

565.9k NOK 777.0k NOK

+37.3%

Total assets

3.32m NOK 3.27m NOK

-1.6%

↑
Revenue rose

Operating income / revenue moved from 6.94m NOK to 7.09m NOK (+2.2% YoY). Calculated
↑
Equity strengthened

Book equity 1.57m NOK → 1.78m NOK (equity ratio 47.4% → 54.5%). Calculated
↑
Cash rose

Bank deposits 565.9k NOK → 777.0k NOK (+37.3% YoY). Calculated
↑
Payroll decreased

Salary cost 2.11m NOK → 1.85m NOK (30% → 26% of revenue). Calculated