Org.nr 987 486 910 2017 → 2018 Year-over-year analysis

ADRASTEIA HOLDING AS: årsregnskap 2018 vs 2017

Grew 72% on revenue

approved 2019-07-04; registry 2019-07-15; journal 2019 711132

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADRASTEIA HOLDING AS. Revenue 234.6k NOK → 404.2k NOK (+72.3%). Equity 8.55m NOK → 6.79m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRASTEIA HOLDING AS.

Scorecard

Revenue
234.6k NOK 404.2k NOK
+72.3%
Net result
-1.29m NOK n/m
—
Equity
8.55m NOK 6.79m NOK
-20.6%
Cash
64.3k NOK 508.3k NOK
+690.2%
Total assets
24.21m NOK 22.44m NOK
-7.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 234.6k NOK to 404.2k NOK (+72.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 64.3k NOK → 508.3k NOK (+690.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 83.9k NOK → -20.0k NOK (36% → -5% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 8.55m NOK → 6.79m NOK (equity ratio 35.3% → 30.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 411.6k NOK → 8 411 NOK. Reported fact