ADCO EIENDOMMER AS: årsregnskap 2017 vs 2016
Shrank 24% on revenue
approved 2018-04-16; registry 2018-05-28; journal 2018 361048
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADCO EIENDOMMER AS. Revenue 3.36m NOK → 2.54m NOK (-24.3%). Equity 5.32m NOK → 5.44m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADCO EIENDOMMER AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 5.32m NOK → 5.44m NOK (equity ratio 20.5% → 19.7%). Calculated
-
↑
Cash rose
Bank deposits 137.8k NOK → 208.3k NOK (+51.2% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.69× → 1.94×. Calculated
-
↑
Payroll decreased
Salary cost 182.9k NOK → 119.1k NOK (5% → 5% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.36m NOK to 2.54m NOK (-24.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 128.9k NOK → 55.5k NOK (-56.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.46m NOK → 1.48m NOK. Reported fact