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Org.nr 968 272 551 2016 → 2017 Year-over-year analysis

ADDA BYGGKJEMI AS: årsregnskap 2017 vs 2016

Grew 9% on revenue, weaker earnings, cash halved-plus

approved 2018-04-18; registry 2018-07-25; journal 2018 775138

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADDA BYGGKJEMI AS. Revenue 18.97m NOK → 20.64m NOK (+8.8%). Net result -2.47m NOK → -3.78m NOK. Equity 14.26m NOK → 14.54m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
18.97m NOK 20.64m NOK
+8.8%
Net result
-2.47m NOK -3.78m NOK
-53.1%
Equity
14.26m NOK 14.54m NOK
+2.0%
Cash
821.7k NOK 262.3k NOK
-68.1%
Total assets
20.45m NOK 21.23m NOK
+3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.97m NOK to 20.64m NOK (+8.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 14.26m NOK → 14.54m NOK (equity ratio 69.7% → 68.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 14.26m NOK → 14.54m NOK (+286.0k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -2.47m NOK → -3.78m NOK (net margin -13.0% → -18.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 821.7k NOK → 262.3k NOK (-68.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.07m NOK → 7.02m NOK (27% → 34% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 11.29m NOK → 13.17m NOK (+16.7% YoY). Calculated