ADJE RENHOLD AS: årsregnskap 2018 vs 2017
Grew 13% on revenue, slipped into loss, cash halved-plus
approved 2019-04-18; registry 2019-05-14; journal 2019 332829
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADJE RENHOLD AS. Revenue 541.4k NOK → 611.4k NOK (+12.9%). Net result +66.0k NOK → -82.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADJE RENHOLD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 541.4k NOK to 611.4k NOK (+12.9% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +76.0k NOK → -81.9k NOK (op. margin 14.0% → -13.4%). Calculated
-
↓
Fell into a net loss
Net result flipped from 66.0k NOK profit to a loss of 82.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 164.8k NOK → 57.5k NOK (-65.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.40× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 3.37m NOK → 3.55m NOK (622% → 580% of revenue). Calculated