FirmaIQ
Org.nr 947 812 815 2017 → 2018 Year-over-year analysis

ADONIS AS: årsregnskap 2018 vs 2017

Grew 26% on revenue, stronger earnings

approved 2019-06-28; registry 2019-08-03; journal 2019 845876

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADONIS AS. Revenue 20.90m NOK → 26.30m NOK (+25.8%). Net result +1.09m NOK → +2.10m NOK. Equity 3.70m NOK → 5.81m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADONIS AS.

At a glance

Scorecard

Revenue
20.90m NOK 26.30m NOK
+25.8%
Operating result
+1.27m NOK +2.82m NOK
+123.1%
Net result
+1.09m NOK +2.10m NOK
+93.0%
Equity
3.70m NOK 5.81m NOK
+56.8%
Cash
1.73m NOK 1.09m NOK
-36.9%
Total assets
21.36m NOK 23.66m NOK
+10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.90m NOK to 26.30m NOK (+25.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.27m NOK → +2.82m NOK (op. margin 6.1% → 10.7%). Calculated

  • ↑

    Net result improved

    Net result +1.09m NOK → +2.10m NOK (net margin 5.2% → 8.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.70m NOK → 5.81m NOK (equity ratio 17.3% → 24.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.73m NOK → 1.09m NOK (-36.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.67m NOK → 7.82m NOK (32% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 6.51m NOK → 8.85m NOK (+35.9% YoY). Calculated