ADUND AS: årsregnskap 2018 vs 2017
Grew 5% on revenue, weaker earnings
approved 2019-06-30; registry 2019-07-27; journal 2019 799158
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADUND AS. Revenue 2.57m NOK → 2.71m NOK (+5.4%). Net result +930.5k NOK → +206.5k NOK. Equity 2.10m NOK → 2.66m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADUND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.57m NOK to 2.71m NOK (+5.4% YoY). Calculated
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↑
Equity strengthened
Book equity 2.10m NOK → 2.66m NOK (equity ratio 82.9% → 79.3%). Calculated
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↑
Cash rose
Bank deposits 2.47m NOK → 3.12m NOK (+26.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +778.5k NOK → +115.0k NOK (op. margin 30.3% → 4.3%). Calculated
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↓
Net result weakened
Net result +930.5k NOK → +206.5k NOK (net margin 36.2% → 7.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 777.7k NOK → 839.5k NOK (30% → 31% of revenue). Calculated