Org.nr 985 253 846 2016 → 2017 Year-over-year analysis

AD NAVIGATION AS: årsregnskap 2017 vs 2016

Shrank 31% on revenue

approved 2018-03-16; registry 2018-07-09; journal 2018 649552

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AD NAVIGATION AS. Revenue 18.47m NOK → 12.82m NOK (-30.6%). Equity 4.46m NOK → 3.82m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

18.47m NOK 12.82m NOK

-30.6%

Equity

4.46m NOK 3.82m NOK

-14.4%

Cash

2.81m NOK 2.21m NOK

-21.5%

Total assets

7.16m NOK 5.32m NOK

-25.8%

↓
Revenue fell

Operating income / revenue moved from 18.47m NOK to 12.82m NOK (-30.6% YoY). Calculated
↓
Equity eroded

Book equity 4.46m NOK → 3.82m NOK (equity ratio 62.3% → 71.8%). Calculated
↓
Cash fell

Bank deposits 2.81m NOK → 2.21m NOK (-21.5% YoY). Calculated