FirmaIQ
Org.nr 989 218 190 2016 → 2017 Year-over-year analysis

ADAKS HOLDING AS: årsregnskap 2017 vs 2016

Grew 802% on revenue, cash halved-plus

approved 2018-06-30; registry 2018-07-10; journal 2018 661186

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADAKS HOLDING AS. Revenue 885.6k NOK → 7.98m NOK (+801.6%). Equity 6.78m NOK → 6.48m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ADAKS HOLDING AS.

At a glance

Scorecard

Revenue
885.6k NOK 7.98m NOK
+801.6%
Operating result
n/m +1.03m NOK
—
Equity
6.78m NOK 6.48m NOK
-4.4%
Cash
1.54m NOK 591.9k NOK
-61.5%
Total assets
26.86m NOK 38.97m NOK
+45.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 885.6k NOK to 7.98m NOK (+801.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.78m NOK → 6.48m NOK (equity ratio 25.2% → 16.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.54m NOK → 591.9k NOK (-61.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.54m NOK → 591.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 553.5k NOK → 402.3k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 3 460 NOK → 5.25m NOK (+151678.6% YoY). Calculated