Org.nr 914 120 691 2017 → 2018 Year-over-year analysis

ADENAU AS: årsregnskap 2018 vs 2017

Shrank 36% on revenue

approved 2019-05-31; registry 2019-06-19; journal 2019 469887

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADENAU AS. Revenue 174.5k NOK → 111.4k NOK (-36.2%). Equity 19.7k NOK → 59.1k NOK.

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

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

At a glance

Revenue

174.5k NOK 111.4k NOK

-36.2%

Equity

19.7k NOK 59.1k NOK

+200.4%

Cash

5 584 NOK 4.32m NOK

+77198.1%

Total assets

24.4k NOK 443.6k NOK

+1721.0%

↑
Equity strengthened

Book equity 19.7k NOK → 59.1k NOK (equity ratio 80.7% → 13.3%). Calculated
↑
Cash rose

Bank deposits 5 584 NOK → 4.32m NOK (+77198.1% YoY). Calculated
↑
Payroll decreased

Salary cost 134.2k NOK → 2 NOK (77% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 174.5k NOK to 111.4k NOK (-36.2% YoY). Calculated