FirmaIQ
Org.nr 994 080 407 2017 → 2018 Year-over-year analysis

ADRETT AS: årsregnskap 2018 vs 2017

Grew 22% on revenue

approved 2019-04-11; registry 2019-05-29; journal 2019 365822

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADRETT AS. Revenue 6.69m NOK → 8.15m NOK (+21.8%). Net result +719.9k NOK → +738.0k NOK. Equity 373.0k NOK → 1.39m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADRETT AS.

At a glance

Scorecard

Revenue
6.69m NOK 8.15m NOK
+21.8%
Operating result
+933.3k NOK +967.2k NOK
+3.6%
Net result
+719.9k NOK +738.0k NOK
+2.5%
Equity
373.0k NOK 1.39m NOK
+272.9%
Cash
n/m 1.30m NOK
—
Total assets
3.03m NOK 3.11m NOK
+2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.69m NOK to 8.15m NOK (+21.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +933.3k NOK → +967.2k NOK (op. margin 14.0% → 11.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 373.0k NOK → 1.39m NOK (equity ratio 12.3% → 44.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.36m NOK → 2.93m NOK (+24.1% YoY). Calculated