Org.nr 993 554 790 2016 → 2017 Year-over-year analysis

AD MALERARBEID AS: årsregnskap 2017 vs 2016

Grew 73% on revenue

approved 2018-04-09; registry 2018-04-21; journal 2018 275134

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AD MALERARBEID AS. Revenue 2.63m NOK → 4.53m NOK (+72.5%). Equity 78.7k NOK → 15.43m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AD MALERARBEID AS.

Scorecard

Revenue
2.63m NOK 4.53m NOK
+72.5%
Equity
78.7k NOK 15.43m NOK
+19497.8%
Cash
360.8k NOK 672.1k NOK
+86.3%
Total assets
103.0k NOK 1.73m NOK
+1581.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.63m NOK to 4.53m NOK (+72.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 78.7k NOK → 15.43m NOK (equity ratio 76.4% → 890.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 360.8k NOK → 672.1k NOK (+86.3% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.07× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 196.5k NOK → 919.6k NOK (+368.0% YoY). Calculated