Org.nr 989 107 151 2017 → 2018 Year-over-year analysis

ADINE AS: årsregnskap 2018 vs 2017

Returned to profit

approved 2019-05-29; registry 2019-06-17; journal 2019 460029

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADINE AS. Net result -11.2k NOK → +2.19m NOK. Equity 6.11m NOK → 6.31m NOK.

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

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

Scorecard

Revenue
270.0k NOK n/m
—
Operating result
-22.1k NOK -40.1k NOK
-81.4%
Net result
-11.2k NOK +2.19m NOK
+19679.0%
Equity
6.11m NOK 6.31m NOK
+3.2%
Cash
1.55m NOK 1.35m NOK
-12.9%
Total assets
6.47m NOK 6.32m NOK
-2.3%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 11.2k NOK to a profit of 2.19m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6.11m NOK → 6.31m NOK (equity ratio 94.5% → 99.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -22.1k NOK → -40.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1.55m NOK → 1.35m NOK (-12.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.77m NOK → 4.74m NOK. Reported fact