FirmaIQ
Org.nr 883 814 622 2016 → 2017 Year-over-year analysis

ADAPA AS: årsregnskap 2017 vs 2016

Grew 13991% on revenue, slipped into loss

approved 2018-08-31; registry 2018-09-03; journal 2018 921350

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADAPA AS. Revenue 2 336 NOK → 329.2k NOK (+13990.7%). Net result +9.97m NOK → -823.4k NOK. Equity 15.78m NOK → 12.95m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
2 336 NOK 329.2k NOK
+13990.7%
Operating result
+1.52m NOK -716.1k NOK
-147.2%
Net result
+9.97m NOK -823.4k NOK
-108.3%
Equity
15.78m NOK 12.95m NOK
-17.9%
Cash
277.2k NOK 1.40m NOK
+405.3%
Total assets
18.96m NOK 15.50m NOK
-18.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 336 NOK to 329.2k NOK (+13990.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 277.2k NOK → 1.40m NOK (+405.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.52m NOK → -716.1k NOK (op. margin 64933.4% → -217.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 9.97m NOK profit to a loss of 823.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 15.78m NOK → 12.95m NOK (equity ratio 83.2% → 83.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 307.7k NOK → 294.2k NOK. Reported fact