ADAPTER MEDIA AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, cash halved-plus
approved 2018-04-17; registry 2018-05-30; journal 2018 373140
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADAPTER MEDIA AS. Revenue 312.8k NOK → 312 NOK (-99.9%). Equity 34.6k NOK → 14.0k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.00× → 1.62×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 312.8k NOK to 312 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +101.1k NOK → -20.7k NOK (op. margin 32.3% → -6642.3%). Calculated
-
↓
Equity eroded
Book equity 34.6k NOK → 14.0k NOK (equity ratio 14.6% → 38.1%). Calculated
-
↓
Cash fell
Bank deposits 235.8k NOK → 36.5k NOK (-84.5% YoY). Calculated