ADRIAN MALERSERVICE AS: årsregnskap 2018 vs 2017
Grew 9% on revenue
approved 2019-03-28; registry 2019-07-13; journal 2019 699996
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADRIAN MALERSERVICE AS. Revenue 5.99m NOK → 6.52m NOK (+8.7%). Net result +538.7k NOK → +602.5k NOK. Equity 558.3k NOK → 760.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADRIAN MALERSERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.99m NOK to 6.52m NOK (+8.7% YoY). Calculated
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Operating result improved
Operating result +704.3k NOK → +781.7k NOK (op. margin 11.8% → 12.0%). Calculated
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Net result improved
Net result +538.7k NOK → +602.5k NOK (net margin 9.0% → 9.2%). Calculated
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Equity strengthened
Book equity 558.3k NOK → 760.8k NOK (equity ratio 25.8% → 33.4%). Calculated
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Cash rose
Bank deposits 15.5k NOK → 1.07m NOK (+6785.4% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 198.5k NOK → 697.6k NOK (+251.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 200 NOK → 200.2k NOK. Reported fact