Org.nr 890 573 762 2016 → 2017 Year-over-year analysis

ADACC INVEST AS: årsregnskap 2017 vs 2016

Returned to profit

approved 2018-05-26; registry 2018-07-07; journal 2018 636193

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADACC INVEST AS. Revenue 0 NOK → 8 894 NOK. Net result -128.4k NOK → +625.5k NOK. Equity 2.21m NOK → 2.83m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADACC INVEST AS.

Scorecard

Revenue
0 NOK 8 894 NOK
—
Operating result
-12.1k NOK -13.8k NOK
-13.8%
Net result
-128.4k NOK +625.5k NOK
+587.1%
Equity
2.21m NOK 2.83m NOK
+28.3%
Cash
16.7k NOK 36.6k NOK
+119.3%
Total assets
8.56m NOK 9.39m NOK
+9.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 8 894 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 128.4k NOK to a profit of 625.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.21m NOK → 2.83m NOK (equity ratio 25.8% → 30.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 16.7k NOK → 36.6k NOK (+119.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.1k NOK → -13.8k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8.38m NOK → 9.18m NOK. Reported fact