FirmaIQ
Org.nr 990 297 258 2017 → 2018 Year-over-year analysis

ADIMA ENERGY AS: årsregnskap 2018 vs 2017

Grew 276% on revenue, stronger earnings

approved 2019-04-11; registry 2019-05-29; journal 2019 366720

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADIMA ENERGY AS. Revenue 9.55m NOK → 35.90m NOK (+275.8%). Net result +76.1k NOK → +1.05m NOK. Equity 2.22m NOK → 3.27m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADIMA ENERGY AS.

At a glance

Scorecard

Revenue
9.55m NOK 35.90m NOK
+275.8%
Operating result
+94.9k NOK +1.37m NOK
+1344.2%
Net result
+76.1k NOK +1.05m NOK
+1279.8%
Equity
2.22m NOK 3.27m NOK
+47.2%
Cash
2.81m NOK 2.88m NOK
+2.1%
Total assets
4.48m NOK 12.87m NOK
+187.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.55m NOK to 35.90m NOK (+275.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +94.9k NOK → +1.37m NOK (op. margin 1.0% → 3.8%). Calculated

  • ↑

    Net result improved

    Net result +76.1k NOK → +1.05m NOK (net margin 0.8% → 2.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.22m NOK → 3.27m NOK (equity ratio 49.7% → 25.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.81m NOK → 2.88m NOK (+2.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.11m NOK → 29.47m NOK (85% → 82% of revenue). Calculated