ADD ENERGY GROUP AS: årsregnskap 2017 vs 2016
Grew 11% on revenue, stronger earnings, fresh owner capital
approved 2018-06-14; registry 2018-07-23; journal 2018 761009
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADD ENERGY GROUP AS. Revenue 7.00m NOK → 7.80m NOK (+11.4%). Net result -114.21m NOK → -13.12m NOK. Equity 151.92m NOK → 153.7k NOK.
On the constructive side: revenue rose; net result improved; owners injected capital. Pressures included: operating result weakened; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADD ENERGY GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.00m NOK to 7.80m NOK (+11.4% YoY). Calculated
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↑
Net result improved
Net result -114.21m NOK → -13.12m NOK (net margin -1631.8% → -168.2%). Calculated
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↑
Owners injected capital
Paid-in equity rose 21.28m NOK → 36.28m NOK (+15.00m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -8.78m NOK → -10.43m NOK (op. margin -125.4% → -133.8%). Calculated
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↓
Equity eroded
Book equity 151.92m NOK → 153.7k NOK (equity ratio 49.3% → 49.2%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.61m NOK → 1.97m NOK (+21.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 300.63m NOK → 310.1k NOK. Reported fact