ADS EIENDOM AS: årsregnskap 2018 vs 2017
Grew 1428% on revenue, weaker earnings
approved 2019-07-05; registry 2019-07-29; journal 2019 807074
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADS EIENDOM AS. Revenue 136.9k NOK → 2.09m NOK (+1428.4%). Net result +279.7k NOK → +146.1k NOK. Equity 2.84m NOK → 2.98m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 136.9k NOK to 2.09m NOK (+1428.4% YoY). Calculated
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↑
Operating result improved
Operating result +509.4k NOK → +775.5k NOK (op. margin 372.2% → 37.1%). Calculated
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↑
Equity strengthened
Book equity 2.84m NOK → 2.98m NOK (equity ratio 14.6% → 15.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +279.7k NOK → +146.1k NOK (net margin 204.3% → 7.0%). Calculated
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↓
Cash fell
Bank deposits 140.1k NOK → 93.2k NOK (-33.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 2.23m NOK (0% → 107% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 83.3k NOK → 16.5k NOK (-80.2% YoY). Calculated