Org.nr 813 235 552 2017 → 2018 Year-over-year analysis

ADMMIT AS: årsregnskap 2018 vs 2017

Grew 34% on revenue, stronger earnings, fresh owner capital

approved 2019-04-03; registry 2019-07-22; journal 2019 751563

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADMMIT AS. Revenue 4.70m NOK → 6.30m NOK (+34.1%). Net result +367.8k NOK → +942.1k NOK. Equity 611.1k NOK → 2.55m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADMMIT AS.

Scorecard

Revenue
4.70m NOK 6.30m NOK
+34.1%
Operating result
+203.4k NOK +59.0k NOK
-71.0%
Net result
+367.8k NOK +942.1k NOK
+156.2%
Equity
611.1k NOK 2.55m NOK
+317.8%
Cash
n/m 39.7k NOK
—
Total assets
9.34m NOK 10.90m NOK
+16.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.70m NOK to 6.30m NOK (+34.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +367.8k NOK → +942.1k NOK (net margin 7.8% → 15.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 611.1k NOK → 2.55m NOK (equity ratio 6.5% → 23.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 480 NOK → 480.0k NOK (+479.5k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +203.4k NOK → +59.0k NOK (op. margin 4.3% → 0.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1 574 NOK → 29.1k NOK (+1745.6% YoY). Calculated