Org.nr 898 097 102 2016 → 2017 Year-over-year analysis

ADDBIZ AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-05-25; registry 2018-06-15; journal 2018 480890

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADDBIZ AS. Net result -99.4k NOK → -51.5k NOK. Equity -165.7k NOK → -217.3k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADDBIZ AS.

At a glance

Operating result

-6 336 NOK -1 089 NOK

+82.8%

Net result

-99.4k NOK -51.5k NOK

+48.2%

Equity

-165.7k NOK -217.3k NOK

-31.1%

Cash

3 563 NOK 17.1k NOK

+380.7%

Total assets

1.98m NOK 2.09m NOK

+5.8%

↑
Operating result improved

Operating result -6 336 NOK → -1 089 NOK. Calculated
↑
Net result improved

Net result -99.4k NOK → -51.5k NOK. Calculated
↑
Cash rose

Bank deposits 3 563 NOK → 17.1k NOK (+380.7% YoY). Calculated

↓
Equity eroded

Book equity -165.7k NOK → -217.3k NOK (equity ratio -8.4% → -10.4%). Calculated

·
Thin equity buffer

Equity ratio is -10.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 1.92m NOK → 1.94m NOK. Reported fact