ADFLASH AS: årsregnskap 2018 vs 2017
Stronger earnings, cash halved-plus
approved 2019-06-26; registry 2019-07-06; journal 2019 605972
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADFLASH AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +43.5k NOK → +382.6k NOK. Equity 3.30m NOK → 3.18m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-826.2k NOK
-613.9k NOK
+25.7%
Net result
+43.5k NOK
+382.6k NOK
+779.8%
Equity
3.30m NOK
3.18m NOK
-3.6%
Cash
45.8k NOK
19.0k NOK
-58.6%
Total assets
6.51m NOK
6.27m NOK
-3.7%
What improved
-
↑
Operating result improved
Operating result -826.2k NOK → -613.9k NOK. Calculated
-
↑
Net result improved
Net result +43.5k NOK → +382.6k NOK. Calculated
-
↑
Payroll decreased
Salary cost 3.68m NOK → 3.44m NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 3.30m NOK → 3.18m NOK (equity ratio 50.7% → 50.8%). Calculated
-
↓
Cash fell
Bank deposits 45.8k NOK → 19.0k NOK (-58.6% YoY). Calculated