FirmaIQ
Org.nr 998 246 326 2017 → 2018 Year-over-year analysis

ADJUVA AS: årsregnskap 2018 vs 2017

Shrank 91% on revenue, cash halved-plus

approved 2019-07-30; registry 2019-08-06; journal 2019 880016

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADJUVA AS. Revenue 3.82m NOK → 358.9k NOK (-90.6%). Equity 840.3k NOK → 585.8k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADJUVA AS.

At a glance

Scorecard

Revenue
3.82m NOK 358.9k NOK
-90.6%
Equity
840.3k NOK 585.8k NOK
-30.3%
Cash
1.85m NOK 565.5k NOK
-69.4%
Total assets
1.97m NOK 707.4k NOK
-64.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.82m NOK to 358.9k NOK (-90.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 840.3k NOK → 585.8k NOK (equity ratio 42.7% → 82.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.85m NOK → 565.5k NOK (-69.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.85m NOK → 565.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation