ADVENTURES BARCELONA AS: årsregnskap 2018 vs 2017
Shrank 43% on revenue
approved 2019-07-30; registry 2019-08-01; journal 2019 879602
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVENTURES BARCELONA AS. Revenue 2.17m NOK → 1.25m NOK (-42.5%). Net result +35.6k NOK → +33.3k NOK. Equity -33.6k NOK → -287 NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADVENTURES BARCELONA AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -33.6k NOK → -287 NOK (equity ratio -11.8% → -0.1%). Calculated
-
↑
Payroll decreased
Salary cost 453.9k NOK → 112.4k NOK (21% → 9% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.17m NOK to 1.25m NOK (-42.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +38.4k NOK → +33.7k NOK (op. margin 1.8% → 2.7%). Calculated
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↓
Net result weakened
Net result +35.6k NOK → +33.3k NOK (net margin 1.6% → 2.7%). Calculated
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↓
Cash fell
Bank deposits 156.3k NOK → 107.4k NOK (-31.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 77.8k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 1.37m NOK → 923.9k NOK (-32.8% YoY). Calculated