FirmaIQ
Org.nr 980 084 361 2017 → 2018 Year-over-year analysis

ADNOVA AS: årsregnskap 2018 vs 2017

Slipped into loss

approved 2019-06-27; registry 2019-07-13; journal 2019 697188

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADNOVA AS. Revenue 1.53m NOK → 1.48m NOK (-3.3%). Net result +15.1k NOK → -44.5k NOK. Equity 127.7k NOK → 83.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
1.53m NOK 1.48m NOK
-3.3%
Operating result
+17.8k NOK -57.4k NOK
-422.3%
Net result
+15.1k NOK -44.5k NOK
-394.2%
Equity
127.7k NOK 83.2k NOK
-34.8%
Cash
413.5k NOK 404.0k NOK
-2.3%
Total assets
476.0k NOK 404.0k NOK
-15.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.53m NOK to 1.48m NOK (-3.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +17.8k NOK → -57.4k NOK (op. margin 1.2% → -3.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 15.1k NOK profit to a loss of 44.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 127.7k NOK → 83.2k NOK (equity ratio 26.8% → 20.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 413.5k NOK → 404.0k NOK (-2.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 58.1k NOK → 32.8k NOK (-43.6% YoY). Calculated