FirmaIQ
Org.nr 990 335 214 2017 → 2018 Year-over-year analysis

ADLIBRIS.COM AS: årsregnskap 2018 vs 2017

Grew 9% on revenue, slipped into loss

approved 2019-06-25; registry 2019-07-16; journal 2019 723622

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADLIBRIS.COM AS. Revenue 211.39m NOK → 229.85m NOK (+8.7%). Net result +5.65m NOK → -3.97m NOK. Equity 4.32m NOK → 4.32m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADLIBRIS.COM AS.

At a glance

Scorecard

Revenue
211.39m NOK 229.85m NOK
+8.7%
Operating result
-7.33m NOK -5.15m NOK
+29.8%
Net result
+5.65m NOK -3.97m NOK
-170.3%
Equity
4.32m NOK 4.32m NOK
-0.2%
Total assets
49.93m NOK 50.93m NOK
+2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 211.39m NOK to 229.85m NOK (+8.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -7.33m NOK → -5.15m NOK (op. margin -3.5% → -2.2%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 5.65m NOK profit to a loss of 3.97m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.32m NOK → 4.32m NOK (equity ratio 8.7% → 8.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 201.91m NOK → 208.00m NOK (+3.0% YoY). Calculated