ADIGO MEKATRONIKK AS: årsregnskap 2018 vs 2017
Grew 17% on revenue, weaker earnings
approved 2019-06-30; registry 2019-10-05; journal 2019 939122
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADIGO MEKATRONIKK AS. Revenue 17.81m NOK → 20.83m NOK (+17.0%). Net result +322.9k NOK → +2 018 NOK. Equity 6.93m NOK → 7.14m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADIGO MEKATRONIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 17.81m NOK to 20.83m NOK (+17.0% YoY). Calculated
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↑
Operating result improved
Operating result +419.8k NOK → +844.0k NOK (op. margin 2.4% → 4.1%). Calculated
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↑
Equity strengthened
Book equity 6.93m NOK → 7.14m NOK (equity ratio 40.3% → 30.5%). Calculated
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↑
Cash rose
Bank deposits 11.6k NOK → 3.97m NOK (+33957.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.78× → 1.18×. Calculated
What deteriorated
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↓
Net result weakened
Net result +322.9k NOK → +2 018 NOK (net margin 1.8% → 0.0%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 7.42m NOK → 8.58m NOK (+15.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 884.4k NOK → 525.9k NOK. Reported fact