ADOKS EIENDOM AS: årsregnskap 2018 vs 2017
Grew 55% on revenue, slipped into loss, cash halved-plus
approved 2019-06-14; registry 2019-06-29; journal 2019 551999
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADOKS EIENDOM AS. Revenue 479.2k NOK → 741.4k NOK (+54.7%). Net result +677.4k NOK → -58.3k NOK. Equity 6.63m NOK → 6.57m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOKS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 479.2k NOK to 741.4k NOK (+54.7% YoY). Calculated
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↑
Operating result improved
Operating result +4 736 NOK → +85.5k NOK (op. margin 1.0% → 11.5%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 677.4k NOK profit to a loss of 58.3k NOK. Calculated
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↓
Equity eroded
Book equity 6.63m NOK → 6.57m NOK (equity ratio 35.7% → 31.6%). Calculated
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↓
Cash fell
Bank deposits 897.9k NOK → 397.1k NOK (-55.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7.15m NOK → 10.29m NOK. Reported fact