ADKEM NORDIC AS: årsregnskap 2018 vs 2017
Shrank 23% on revenue, stronger earnings
approved 2019-06-05; registry 2019-06-26; journal 2019 536260
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADKEM NORDIC AS. Revenue 632.0k NOK → 484.1k NOK (-23.4%). Net result -335.6k NOK → -99.3k NOK. Equity -602.0k NOK → -641.2k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADKEM NORDIC AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -278.5k NOK → -57.4k NOK (op. margin -44.1% → -11.9%). Calculated
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↑
Net result improved
Net result -335.6k NOK → -99.3k NOK (net margin -53.1% → -20.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 632.0k NOK to 484.1k NOK (-23.4% YoY). Calculated
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↓
Equity eroded
Book equity -602.0k NOK → -641.2k NOK (equity ratio -537.1% → -418.9%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 942.3k NOK → 2 334 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 538.1k NOK → 269.9k NOK (-49.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 9 566 NOK → 51.0k NOK. Reported fact