ADRIATIC + AS: årsregnskap 2018 vs 2017
Grew 10% on revenue
approved 2019-06-28; registry 2019-08-05; journal 2019 861818
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADRIATIC + AS. Revenue 2.87m NOK → 3.16m NOK (+10.1%). Equity -2.10m NOK → -1.73m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADRIATIC + AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.87m NOK to 3.16m NOK (+10.1% YoY). Calculated
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↑
Equity strengthened
Book equity -2.10m NOK → -1.73m NOK (equity ratio -966.9% → -264.8%). Calculated
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↑
Payroll decreased
Salary cost 3.36m NOK → 1.32m NOK (117% → 42% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 38.2k NOK → 29.4k NOK (-23.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.05m NOK → 156.3k NOK (-85.1% YoY). Calculated