FirmaIQ
Org.nr 992 664 568 2017 → 2018 Year-over-year analysis

ADRESSEAVISEN AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-05-03; registry 2019-07-31; journal 2019 826930

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADRESSEAVISEN AS. Revenue 527.28m NOK → 529.65m NOK (+0.5%). Net result +68.16m NOK → +75.29m NOK. Equity 1.33bn NOK → 1.50bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADRESSEAVISEN AS.

At a glance

Scorecard

Revenue
527.28m NOK 529.65m NOK
+0.5%
Operating result
+36.84m NOK +46.60m NOK
+26.5%
Net result
+68.16m NOK +75.29m NOK
+10.5%
Equity
1.33bn NOK 1.50bn NOK
+13.1%
Cash
50.7k NOK 18.1k NOK
-64.3%
Total assets
1.58bn NOK 1.77bn NOK
+11.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 527.28m NOK to 529.65m NOK (+0.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +36.84m NOK → +46.60m NOK (op. margin 7.0% → 8.8%). Calculated

  • ↑

    Net result improved

    Net result +68.16m NOK → +75.29m NOK (net margin 12.9% → 14.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.33bn NOK → 1.50bn NOK (equity ratio 83.9% → 84.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 194.56m NOK → 192.97m NOK (37% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 50.7k NOK → 18.1k NOK (-64.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 78.71m NOK → 74.19m NOK (-5.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 169.69m NOK → 334.19m NOK. Reported fact