Org.nr 991 478 000 2017 → 2018 Year-over-year analysis

ADFUNC AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-06-18; registry 2019-07-01; journal 2019 574027

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADFUNC AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +417.9k NOK → +296.9k NOK. Equity 1.06m NOK → 3.58m NOK.

On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADFUNC AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

+186.0k NOK -289.2k NOK

-255.5%

Net result

+417.9k NOK +296.9k NOK

-29.0%

Equity

1.06m NOK 3.58m NOK

+238.5%

Cash

853.9k NOK 45.6k NOK

-94.7%

Total assets

1.07m NOK 629.6k NOK

-41.1%

↑
Equity strengthened

Book equity 1.06m NOK → 3.58m NOK (equity ratio 99.0% → 568.8%). Calculated

↓
Operating result weakened

Operating result +186.0k NOK → -289.2k NOK. Calculated
↓
Net result weakened

Net result +417.9k NOK → +296.9k NOK. Calculated
↓
Cash fell

Bank deposits 853.9k NOK → 45.6k NOK (-94.7% YoY). Calculated
↓
COGS moved

COGS / varekostnad 1 277 NOK → 12.3k NOK (+861.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 12 NOK → 47.9k NOK. Reported fact