ADAPTIV ARKITEKTUR AS: årsregnskap 2017 vs 2016
Grew 152339% on revenue, weaker earnings, cash halved-plus
approved 2018-04-16; registry 2018-06-16; journal 2018 488981
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADAPTIV ARKITEKTUR AS. Revenue 1 728 NOK → 2.63m NOK (+152339.1%). Net result +75.2k NOK → +2 395 NOK. Equity -21.4k NOK → 421.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAPTIV ARKITEKTUR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 728 NOK to 2.63m NOK (+152339.1% YoY). Calculated
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↑
Operating result improved
Operating result +75.1k NOK → +556.0k NOK (op. margin 4347.9% → 21.1%). Calculated
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↑
Equity strengthened
Book equity -21.4k NOK → 421.0k NOK (equity ratio -3.7% → 59.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.94× → 2.44×. Calculated
What deteriorated
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↓
Net result weakened
Net result +75.2k NOK → +2 395 NOK (net margin 4351.4% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 363.6k NOK → 55.7k NOK (-84.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.25m NOK → 1.48m NOK (72211% → 56% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 265 NOK → 59.4k NOK (+22296.6% YoY). Calculated