ADJUVO EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, weaker earnings
approved 2019-06-11; registry 2019-07-13; journal 2019 695146
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADJUVO EIENDOM AS. Revenue 1.25m NOK → 0 NOK (-100.0%). Net result +360.9k NOK → +285.6k NOK. Equity 1.98m NOK → 746.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADJUVO EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 26.3k NOK → 990.1k NOK (+3658.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.25m NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +473.3k NOK → -295.9k NOK. Calculated
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↓
Net result weakened
Net result +360.9k NOK → +285.6k NOK. Calculated
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↓
Equity eroded
Book equity 1.98m NOK → 746.9k NOK (equity ratio 18.5% → 8.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1.50m NOK → 450.0k NOK. Reported fact