Org.nr 998 772 923 2017 → 2018 Year-over-year analysis

ADETA AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-05-31; registry 2019-06-24; journal 2019 518664

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADETA AS. Revenue 4.99m NOK → 4.82m NOK (-3.4%). Equity 695.1k NOK → 978.6k 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 ADETA AS.

At a glance

Revenue

4.99m NOK 4.82m NOK

-3.4%

Equity

695.1k NOK 978.6k NOK

+40.8%

Cash

920.4k NOK 932.8k NOK

+1.3%

Total assets

1.89m NOK 2.07m NOK

+9.6%

↑
Equity strengthened

Book equity 695.1k NOK → 978.6k NOK (equity ratio 36.9% → 47.4%). Calculated
↑
Cash rose

Bank deposits 920.4k NOK → 932.8k NOK (+1.3% YoY). Calculated
↑
Payroll decreased

Salary cost 837.6k NOK → 792.1k NOK (17% → 16% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.99m NOK to 4.82m NOK (-3.4% YoY). Calculated