FirmaIQ
Org.nr 930 481 599 2016 → 2017 Year-over-year analysis

ADDBRAND NORWAY AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-05-06; registry 2018-05-31; journal 2018 380020

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADDBRAND NORWAY AS. Net result -1.52m NOK → -612.0k NOK. Equity 6.99m NOK → 6.38m NOK.

On the constructive side: net result improved; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDBRAND NORWAY AS.

At a glance

Scorecard

Revenue
n/m 47.42m NOK
—
Operating result
n/m -265.1k NOK
—
Net result
-1.52m NOK -612.0k NOK
+59.8%
Equity
6.99m NOK 6.38m NOK
-8.8%
Cash
749.3k NOK 516.2k NOK
-31.1%
Total assets
17.32m NOK 18.66m NOK
+7.8%

What improved

  • ↑

    Net result improved

    Net result -1.52m NOK → -612.0k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 12.13m NOK → 11.99m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.99m NOK → 6.38m NOK (equity ratio 40.4% → 34.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 749.3k NOK → 516.2k NOK (-31.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 52.0k NOK → 28.9k NOK. Reported fact