Org.nr 979 496 842 2017 → 2018 Year-over-year analysis

ADOLF JAHNSEN AS: årsregnskap 2018 vs 2017

Shrank 6% on revenue

approved 2019-07-12; registry 2019-08-05; journal 2019 858784

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADOLF JAHNSEN AS. Revenue 50.90m NOK → 47.81m NOK (-6.1%). Equity 4.89m NOK → 2.27m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

50.90m NOK 47.81m NOK

-6.1%

Operating result

-4.46m NOK -2.34m NOK

+47.6%

Equity

4.89m NOK 2.27m NOK

-53.6%

Cash

400.1k NOK 268.6k NOK

-32.9%

Total assets

17.54m NOK 14.02m NOK

-20.0%

↑
Operating result improved

Operating result -4.46m NOK → -2.34m NOK (op. margin -8.8% → -4.9%). Calculated
↑
Payroll decreased

Salary cost 10.89m NOK → 9.37m NOK (21% → 20% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 50.90m NOK to 47.81m NOK (-6.1% YoY). Calculated
↓
Equity eroded

Book equity 4.89m NOK → 2.27m NOK (equity ratio 27.9% → 16.2%). Calculated
↓
Cash fell

Bank deposits 400.1k NOK → 268.6k NOK (-32.9% YoY). Calculated