FirmaIQ
Org.nr 982 713 862 2017 → 2018 Year-over-year analysis

ADRENALIN AS: årsregnskap 2018 vs 2017

Grew 264% on revenue, stronger earnings

approved 2019-06-28; registry 2019-08-03; journal 2019 847632

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADRENALIN AS. Revenue 4.93m NOK → 17.91m NOK (+263.5%). Net result +578.9k NOK → +13.94m NOK. Equity 8.90m NOK → 20.84m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADRENALIN AS.

At a glance

Scorecard

Revenue
4.93m NOK 17.91m NOK
+263.5%
Operating result
+3.37m NOK +15.71m NOK
+366.9%
Net result
+578.9k NOK +13.94m NOK
+2307.7%
Equity
8.90m NOK 20.84m NOK
+134.2%
Cash
2.74m NOK 16.77m NOK
+511.8%
Total assets
9.65m NOK 24.50m NOK
+153.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.93m NOK to 17.91m NOK (+263.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.37m NOK → +15.71m NOK (op. margin 68.3% → 87.8%). Calculated

  • ↑

    Net result improved

    Net result +578.9k NOK → +13.94m NOK (net margin 11.8% → 77.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.90m NOK → 20.84m NOK (equity ratio 92.2% → 85.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.74m NOK → 16.77m NOK (+511.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 NOK → 1.66m NOK (0% → 9% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 429.0k NOK → 926.2k NOK. Reported fact