ADR ELEKTRO AS: årsregnskap 2018 vs 2017
A steady year on the published lines
approved 2019-06-11; registry 2019-06-25; journal 2019 517882
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADR ELEKTRO AS. Revenue 12.16m NOK → 11.58m NOK (-4.8%). Equity 775.1k NOK → 479.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADR ELEKTRO AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 511.0k NOK → 969.9k NOK (+89.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 12.16m NOK to 11.58m NOK (-4.8% YoY). Calculated
-
↓
Equity eroded
Book equity 775.1k NOK → 479.1k NOK (equity ratio 18.2% → 16.9%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 5.39m NOK → 5.91m NOK (44% → 51% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.67m NOK → 3.38m NOK (-27.7% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 185.6k NOK → 80.7k NOK. Reported fact