FirmaIQ
Org.nr 917 502 366 2017 → 2018 Year-over-year analysis

ADMINOR EIENDOM AS: årsregnskap 2018 vs 2017

Shrank 85% on revenue, stronger earnings, cash halved-plus

approved 2019-06-30; registry 2019-08-03; journal 2019 857020

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADMINOR EIENDOM AS. Revenue 4.86m NOK → 720.0k NOK (-85.2%). Net result -1.17m NOK → -431.2k NOK. Equity 8.74m NOK → 8.94m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

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

At a glance

Scorecard

Revenue
4.86m NOK 720.0k NOK
-85.2%
Operating result
-1.67m NOK -277.3k NOK
+83.4%
Net result
-1.17m NOK -431.2k NOK
+63.0%
Equity
8.74m NOK 8.94m NOK
+2.2%
Cash
4.13m NOK 103.3k NOK
-97.5%
Total assets
36.74m NOK 36.98m NOK
+0.6%

What improved

  • ↑

    Operating result improved

    Operating result -1.67m NOK → -277.3k NOK (op. margin -34.4% → -38.5%). Calculated

  • ↑

    Net result improved

    Net result -1.17m NOK → -431.2k NOK (net margin -24.0% → -59.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.74m NOK → 8.94m NOK (equity ratio 23.8% → 24.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.02m NOK → 3 021 NOK (62% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.86m NOK to 720.0k NOK (-85.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 4.13m NOK → 103.3k NOK (-97.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.13m NOK → 103.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation