ADRIAN MEDICAL AS: årsregnskap 2018 vs 2017
Grew 40% on revenue
approved 2019-06-26; registry 2019-07-11; journal 2019 686013
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADRIAN MEDICAL AS. Revenue 1.56m NOK → 2.18m NOK (+39.9%). Equity 2.05m NOK → 1.86m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.56m NOK
2.18m NOK
+39.9%
Operating result
+925.4k NOK
+791.2k NOK
-14.5%
Equity
2.05m NOK
1.86m NOK
-9.2%
Cash
1.82m NOK
1.47m NOK
-19.3%
Total assets
281.4k NOK
2.07m NOK
+635.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.56m NOK to 2.18m NOK (+39.9% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +925.4k NOK → +791.2k NOK (op. margin 59.4% → 36.3%). Calculated
-
↓
Equity eroded
Book equity 2.05m NOK → 1.86m NOK (equity ratio 730.1% → 90.1%). Calculated
-
↓
Cash fell
Bank deposits 1.82m NOK → 1.47m NOK (-19.3% YoY). Calculated