FirmaIQ
Org.nr 998 274 729 2017 → 2018 Year-over-year analysis

ADWIZO AS: årsregnskap 2018 vs 2017

Shrank 95% on revenue

approved 2019-02-04; registry 2019-02-06; journal 2019 206469

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADWIZO AS. Revenue 728.0k NOK → 40.0k NOK (-94.5%). Net result +7 940 NOK → +10.9k NOK. Equity 43.1k NOK → 32.1k NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
728.0k NOK 40.0k NOK
-94.5%
Operating result
+23.1k NOK +16.6k NOK
-27.9%
Net result
+7 940 NOK +10.9k NOK
+37.5%
Equity
43.1k NOK 32.1k NOK
-25.3%
Cash
39.4k NOK 87.1k NOK
+121.1%
Total assets
939.2k NOK 537.4k NOK
-42.8%

What improved

  • ↑

    Net result improved

    Net result +7 940 NOK → +10.9k NOK (net margin 1.1% → 27.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 39.4k NOK → 87.1k NOK (+121.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 728.0k NOK to 40.0k NOK (-94.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +23.1k NOK → +16.6k NOK (op. margin 3.2% → 41.6%). Calculated

  • ↓

    Equity eroded

    Book equity 43.1k NOK → 32.1k NOK (equity ratio 4.6% → 6.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 9.54m NOK → 9.84m NOK (1311% → 24594% of revenue). Calculated