Org.nr 916 925 506 2016 → 2017 Year-over-year analysis

ADD-ON AS: årsregnskap 2017 vs 2016

Grew 21% on revenue

approved 2018-04-15; registry 2018-05-24; journal 2018 348413

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADD-ON AS. Revenue 7.14m NOK → 8.65m NOK (+21.2%). Equity 1.79m NOK → 1.90m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADD-ON AS.

Scorecard

Revenue
7.14m NOK 8.65m NOK
+21.2%
Equity
1.79m NOK 1.90m NOK
+6.2%
Cash
2 991 NOK 1.88m NOK
+62911.0%
Total assets
5.78m NOK 5.03m NOK
-13.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.14m NOK to 8.65m NOK (+21.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.79m NOK → 1.90m NOK (equity ratio 31.0% → 37.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 991 NOK → 1.88m NOK (+62911.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 20.3k NOK → 1.57m NOK (0% → 18% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4 434 NOK → 5.21m NOK (+117422.8% YoY). Calculated