ADEO AS: årsregnskap 2018 vs 2017
Grew 15% on revenue, weaker earnings, cash halved-plus
approved 2019-05-23; registry 2019-06-13; journal 2019 420886
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADEO AS. Revenue 152.3k NOK → 175.4k NOK (+15.1%). Net result +730.1k NOK → +407.0k NOK. Equity 1.39m NOK → 1.43m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 152.3k NOK to 175.4k NOK (+15.1% YoY). Calculated
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↑
Equity strengthened
Book equity 1.39m NOK → 1.43m NOK (equity ratio 88.1% → 81.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +730.1k NOK → +407.0k NOK (net margin 479.3% → 232.1%). Calculated
-
↓
Cash fell
Bank deposits 204.4k NOK → 10.6k NOK (-94.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6 605 NOK → 433.1k NOK. Reported fact