Org.nr 997 855 809 2016 → 2017 Year-over-year analysis

ADAPTIVE MEDIA AS: årsregnskap 2017 vs 2016

Shrank 20% on revenue, returned to profit

approved 2018-06-28; registry 2018-07-03; journal 2018 616447

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADAPTIVE MEDIA AS. Revenue 1.93m NOK → 1.54m NOK (-20.1%). Net result -121.6k NOK → +33.4k NOK.

On the constructive side: turned profitable; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAPTIVE MEDIA AS.

At a glance

Revenue

1.93m NOK 1.54m NOK

-20.1%

Operating result

n/m +47.1k NOK

—

Net result

-121.6k NOK +33.4k NOK

+127.5%

Equity

-212.1k NOK n/m

—

Cash

764 NOK 5 876 NOK

+669.1%

Total assets

50.7k NOK 86.2k NOK

+70.1%

↑
Turned profitable

Net result flipped from a loss of 121.6k NOK to a profit of 33.4k NOK. Calculated
↑
Cash rose

Bank deposits 764 NOK → 5 876 NOK (+669.1% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.93m NOK to 1.54m NOK (-20.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1 NOK → 5.88m NOK (0% → 382% of revenue). Calculated

·
COGS fell

COGS / varekostnad 404.9k NOK → 262.5k NOK (-35.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 12.0k NOK → 32.0k NOK. Reported fact