Org.nr 989 176 056 2017 → 2018 Year-over-year analysis

ADRIANS VERDEN AS: årsregnskap 2018 vs 2017

Shrank 57% on revenue, cash halved-plus

approved 2019-06-30; registry 2019-07-29; journal 2019 810632

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADRIANS VERDEN AS. Revenue 151.6k NOK → 65.0k NOK (-57.1%). Equity 6.44m NOK → 4.33m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

151.6k NOK 65.0k NOK

-57.1%

Equity

6.44m NOK 4.33m NOK

-32.8%

Cash

775.5k NOK 139.0k NOK

-82.1%

Total assets

15.96m NOK 15.04m NOK

-5.8%

↓
Revenue fell

Operating income / revenue moved from 151.6k NOK to 65.0k NOK (-57.1% YoY). Calculated
↓
Equity eroded

Book equity 6.44m NOK → 4.33m NOK (equity ratio 40.4% → 28.8%). Calculated
↓
Cash fell

Bank deposits 775.5k NOK → 139.0k NOK (-82.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 5.75× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 161.6k NOK → 368.4k NOK (107% → 567% of revenue). Calculated