Org.nr 819 154 562 2017 → 2018 Year-over-year analysis

ADWIST BYGG AS: årsregnskap 2018 vs 2017

Grew 458% on revenue

approved 2019-03-11; registry 2019-07-13; journal 2019 704548

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADWIST BYGG AS. Revenue 93.4k NOK → 521.5k NOK (+458.2%). Equity 5 222 NOK → -57.2k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADWIST BYGG AS.

At a glance

Revenue

93.4k NOK 521.5k NOK

+458.2%

Operating result

n/m +60.5k NOK

—

Net result

n/m +62.4k NOK

—

Equity

5 222 NOK -57.2k NOK

-1195.4%

Cash

22.7k NOK 130.4k NOK

+475.4%

Total assets

44.1k NOK 147.5k NOK

+234.8%

↑
Revenue rose

Operating income / revenue moved from 93.4k NOK to 521.5k NOK (+458.2% YoY). Calculated
↑
Cash rose

Bank deposits 22.7k NOK → 130.4k NOK (+475.4% YoY). Calculated

↓
Equity eroded

Book equity 5 222 NOK → -57.2k NOK (equity ratio 11.9% → -38.8%). Calculated

·
Thin equity buffer

Equity ratio is -38.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 55.1k NOK → 464.2k NOK (59% → 89% of revenue). Calculated
·
COGS fell

COGS / varekostnad 41.6k NOK → 24.3k NOK (-41.5% YoY). Calculated