ADUNO AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-05-29; registry 2019-06-18; journal 2019 452379
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADUNO AS. Revenue 832.7k NOK → 848.9k NOK (+1.9%). Net result +482.3k NOK → +162.7k NOK. Equity 1.77m NOK → 3.22m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADUNO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 832.7k NOK to 848.9k NOK (+1.9% YoY). Calculated
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↑
Equity strengthened
Book equity 1.77m NOK → 3.22m NOK (equity ratio 27.9% → 79.9%). Calculated
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↑
Cash rose
Bank deposits 221.6k NOK → 763.9k NOK (+244.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.95× → 2.29×. Calculated
What deteriorated
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↓
Net result weakened
Net result +482.3k NOK → +162.7k NOK (net margin 57.9% → 19.2%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 800.0k NOK → 50.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 5 NOK → 5.34m NOK (0% → 629% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 126.0k NOK → 176.0k NOK. Reported fact