Org.nr 979 994 877 2016 → 2017 Year-over-year analysis

ADDENDA CONSULT AS: årsregnskap 2017 vs 2016

Shrank 46% on revenue

approved 2018-02-04; registry 2018-03-08; journal 2018 224856

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADDENDA CONSULT AS. Revenue 5.12m NOK → 2.77m NOK (-45.9%). Equity 12.80m NOK → 12 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADDENDA CONSULT AS.

At a glance

Revenue

5.12m NOK 2.77m NOK

-45.9%

Net result

n/m +783.8k NOK

—

Equity

12.80m NOK 12 NOK

-100.0%

Cash

2.69m NOK 1.37m NOK

-48.9%

Total assets

4.53m NOK 2.53m NOK

-44.1%

↓
Revenue fell

Operating income / revenue moved from 5.12m NOK to 2.77m NOK (-45.9% YoY). Calculated
↓
Equity eroded

Book equity 12.80m NOK → 12 NOK (equity ratio 282.9% → 0.0%). Calculated
↓
Cash fell

Bank deposits 2.69m NOK → 1.37m NOK (-48.9% YoY). Calculated
↓
COGS moved

COGS / varekostnad 1 228 NOK → 10.3k NOK (+735.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation