Org.nr 817 987 222 2017 → 2018 Year-over-year analysis

ADORA FEMME AS: årsregnskap 2018 vs 2017

Another loss-making year

approved 2019-06-11; registry 2019-06-27; journal 2019 544871

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADORA FEMME AS. Revenue 856.3k NOK → 859.5k NOK (+0.4%). Equity -51.8k NOK → -291.1k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADORA FEMME AS.

At a glance

Revenue

856.3k NOK 859.5k NOK

+0.4%

Operating result

n/m -225.2k NOK

—

Net result

n/m -239.3k NOK

—

Equity

-51.8k NOK -291.1k NOK

-461.9%

Cash

95.6k NOK 78.7k NOK

-17.7%

Total assets

463.0k NOK 326.8k NOK

-29.4%

↑
Revenue rose

Operating income / revenue moved from 856.3k NOK to 859.5k NOK (+0.4% YoY). Calculated
↑
Payroll decreased

Salary cost 1.46m NOK → 471.2k NOK (171% → 55% of revenue). Calculated

↓
Equity eroded

Book equity -51.8k NOK → -291.1k NOK (equity ratio -11.2% → -89.1%). Calculated
↓
Cash fell

Bank deposits 95.6k NOK → 78.7k NOK (-17.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -89.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 224.1k NOK → 319.2k NOK (+42.4% YoY). Calculated