ADVENTURES CONSULTING AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-06-17; registry 2019-07-25; journal 2019 790450
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVENTURES CONSULTING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +4 868 NOK → +203.4k NOK. Equity 16.6k NOK → -186.7k NOK.
On the constructive side: net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVENTURES CONSULTING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +4 868 NOK → +203.4k NOK. Calculated
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Cash rose
Bank deposits 1 689 NOK → 2 991 NOK (+77.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 16.6k NOK → -186.7k NOK (equity ratio 7.5% → -560.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.08× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 4 873 NOK → 14.3k NOK. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -560.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation