AD-REGNSKAP AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-06-19; registry 2018-06-23; journal 2018 531820
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AD-REGNSKAP AS. Revenue 5.75m NOK → 5.58m NOK (-3.0%). Net result +549.7k NOK → +269.4k NOK. Equity 4.30m NOK → 4.57m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AD-REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.30m NOK → 4.57m NOK (equity ratio 61.4% → 71.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.71× → 1.21×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.75m NOK to 5.58m NOK (-3.0% YoY). Calculated
-
↓
Net result weakened
Net result +549.7k NOK → +269.4k NOK (net margin 9.6% → 4.8%). Calculated
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↓
Cash fell
Bank deposits 1.84m NOK → 1.22m NOK (-33.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.90m NOK → 4.11m NOK (68% → 74% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10.7k NOK → 856.9k NOK. Reported fact