FirmaIQ
Org.nr 996 494 225 2016 → 2017 Year-over-year analysis

AD PROSJEKT BYGG AS: årsregnskap 2017 vs 2016

Shrank 17% on revenue, weaker earnings, cash halved-plus

approved 2018-06-25; registry 2018-07-11; journal 2018 667746

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AD PROSJEKT BYGG AS. Revenue 25.14m NOK → 20.86m NOK (-17.0%). Net result +987.1k NOK → +619.1k NOK. Equity 2.12m NOK → 1.10m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
25.14m NOK 20.86m NOK
-17.0%
Operating result
+1.34m NOK +584.8k NOK
-56.5%
Net result
+987.1k NOK +619.1k NOK
-37.3%
Equity
2.12m NOK 1.10m NOK
-48.0%
Cash
503.0k NOK -161.7k NOK
-132.1%
Total assets
7.50m NOK 7.05m NOK
-6.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 25.14m NOK to 20.86m NOK (-17.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.34m NOK → +584.8k NOK (op. margin 5.3% → 2.8%). Calculated

  • ↓

    Net result weakened

    Net result +987.1k NOK → +619.1k NOK (net margin 3.9% → 3.0%). Calculated

  • ↓

    Equity eroded

    Book equity 2.12m NOK → 1.10m NOK (equity ratio 28.3% → 15.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 503.0k NOK → -161.7k NOK (-132.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.35m NOK → 18.66m NOK (-12.6% YoY). Calculated