FirmaIQ
Org.nr 997 992 245 2017 → 2018 Year-over-year analysis

ADMIRATION AS: årsregnskap 2018 vs 2017

Shrank 23% on revenue, stronger earnings

approved 2021-04-26; registry 2021-06-14; journal 2021 416431

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADMIRATION AS. Revenue 946.5k NOK → 732.3k NOK (-22.6%). Net result +39.5k NOK → +179.9k NOK. Equity -45.6k NOK → 134.3k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
946.5k NOK 732.3k NOK
-22.6%
Operating result
+50.9k NOK +241.5k NOK
+374.1%
Net result
+39.5k NOK +179.9k NOK
+355.9%
Equity
-45.6k NOK 134.3k NOK
+394.3%
Cash
19.7k NOK 54.8k NOK
+178.2%
Total assets
302.2k NOK 280.4k NOK
-7.2%

What improved

  • ↑

    Operating result improved

    Operating result +50.9k NOK → +241.5k NOK (op. margin 5.4% → 33.0%). Calculated

  • ↑

    Net result improved

    Net result +39.5k NOK → +179.9k NOK (net margin 4.2% → 24.6%). Calculated

  • ↑

    Equity strengthened

    Book equity -45.6k NOK → 134.3k NOK (equity ratio -15.1% → 47.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.7k NOK → 54.8k NOK (+178.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.17× → 2.23×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 946.5k NOK to 732.3k NOK (-22.6% YoY). Calculated