ADOLFSEN SERVICE AS: årsregnskap 2018 vs 2017
Shrank 15% on revenue
approved 2019-04-15; registry 2019-05-04; journal 2019 300555
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADOLFSEN SERVICE AS. Revenue 2.28m NOK → 1.95m NOK (-14.7%). Equity 694.9k NOK → 784.1k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADOLFSEN SERVICE AS.
At a glance
Scorecard
Revenue
2.28m NOK
1.95m NOK
-14.7%
Equity
694.9k NOK
784.1k NOK
+12.8%
Cash
478.4k NOK
575.8k NOK
+20.4%
Total assets
572.9k NOK
1.02m NOK
+77.7%
What improved
-
↑
Equity strengthened
Book equity 694.9k NOK → 784.1k NOK (equity ratio 121.3% → 77.0%). Calculated
-
↑
Cash rose
Bank deposits 478.4k NOK → 575.8k NOK (+20.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.28m NOK to 1.95m NOK (-14.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 172.2k NOK → 35.7k NOK (-79.2% YoY). Calculated