FirmaIQ
Org.nr 979 671 474 2016 → 2017 Year-over-year analysis

ADAPT CONSULTING AS: årsregnskap 2017 vs 2016

Grew 48% on revenue, fresh owner capital

approved 2018-04-19; registry 2018-05-07; journal 2018 301211

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADAPT CONSULTING AS. Revenue 6.20m NOK → 9.19m NOK (+48.3%). Net result +932.1k NOK → +935.0k NOK. Equity 800.0k NOK → 800 NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADAPT CONSULTING AS.

At a glance

Scorecard

Revenue
6.20m NOK 9.19m NOK
+48.3%
Net result
+932.1k NOK +935.0k NOK
+0.3%
Equity
800.0k NOK 800 NOK
-99.9%
Cash
2.01m NOK 4.20m NOK
+109.3%
Total assets
3.51m NOK 6.40m NOK
+82.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.20m NOK to 9.19m NOK (+48.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 2.01m NOK → 4.20m NOK (+109.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 400 NOK → 400.0k NOK (+399.6k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 800.0k NOK → 800 NOK (equity ratio 22.8% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.30m NOK → 3.73m NOK (53% → 41% of revenue). Calculated