ADAPTA AVIATION AS: årsregnskap 2017 vs 2016
Grew 14% on revenue
approved 2018-06-21; registry 2018-08-02; journal 2018 888838
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADAPTA AVIATION AS. Revenue 205.6k NOK → 235.1k NOK (+14.4%). Equity -982.1k NOK → -1.12m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADAPTA AVIATION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 205.6k NOK to 235.1k NOK (+14.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 4 507 NOK → 6 882 NOK (+52.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -982.1k NOK → -1.12m NOK (equity ratio -12.9% → -14.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -14.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 205.5k NOK → 234.1k NOK (+13.9% YoY). Calculated