FirmaIQ
Org.nr 964 802 424 2016 → 2017 Year-over-year analysis

AD METAM AS: årsregnskap 2017 vs 2016

Shrank 24% on revenue, slipped into loss, cash halved-plus

approved 2018-06-30; registry 2018-07-10; journal 2018 655636

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AD METAM AS. Revenue 29.71m NOK → 22.54m NOK (-24.1%). Net result +84.0k NOK → -2.08m NOK. Equity 3.22m NOK → 1.14m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
29.71m NOK 22.54m NOK
-24.1%
Operating result
+952.6k NOK -2.04m NOK
-314.1%
Net result
+84.0k NOK -2.08m NOK
-2573.4%
Equity
3.22m NOK 1.14m NOK
-64.6%
Cash
548.9k NOK 266.9k NOK
-51.4%
Total assets
10.88m NOK 11.25m NOK
+3.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.71m NOK to 22.54m NOK (-24.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +952.6k NOK → -2.04m NOK (op. margin 3.2% → -9.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 84.0k NOK profit to a loss of 2.08m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.22m NOK → 1.14m NOK (equity ratio 29.6% → 10.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 548.9k NOK → 266.9k NOK (-51.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.52m NOK → 8.74m NOK (-35.3% YoY). Calculated