A-DATA AS: årsregnskap 2017 vs 2016
Grew 41% on revenue, slipped into loss
approved 2018-04-03; registry 2018-05-29; journal 2018 368292
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A-DATA AS. Revenue 698.1k NOK → 986.9k NOK (+41.4%). Net result +253.6k NOK → -58.5k NOK. Equity 3.92m NOK → 3.86m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A-DATA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 698.1k NOK to 986.9k NOK (+41.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.22× → 2.74×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +303.9k NOK → -5 029 NOK (op. margin 43.5% → -0.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 253.6k NOK profit to a loss of 58.5k NOK. Calculated
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↓
Equity eroded
Book equity 3.92m NOK → 3.86m NOK (equity ratio 82.0% → 40.7%). Calculated
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↓
Cash fell
Bank deposits 983.1k NOK → 683.5k NOK (-30.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 207.6k NOK → 306.7k NOK (30% → 31% of revenue). Calculated