ADORA AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2019-06-28; registry 2019-07-01; journal 2019 638173
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADORA AS. Revenue 255 NOK → 0 NOK (-100.0%). Net result -27.2k NOK → -45.6k NOK. Equity 177.8k NOK → 132.2k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADORA AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 255 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Net result weakened
Net result -27.2k NOK → -45.6k NOK. Calculated
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↓
Equity eroded
Book equity 177.8k NOK → 132.2k NOK (equity ratio 39.8% → 33.4%). Calculated
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↓
Cash fell
Bank deposits 17.5k NOK → 344 NOK (-98.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 400 NOK → 400.0k NOK. Reported fact