Org.nr 911 825 813 2016 → 2017 Year-over-year analysis

ADDICTS & HABITS AS: årsregnskap 2017 vs 2016

Shrank 88% on revenue, slipped into loss, cash halved-plus

approved 2018-05-29; registry 2018-07-26; journal 2018 803648

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADDICTS & HABITS AS. Revenue 544.6k NOK → 65.6k NOK (-87.9%). Net result 0 NOK → -145.6k NOK. Equity 130.6k NOK → 86.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADDICTS & HABITS AS.

Scorecard

Revenue
544.6k NOK 65.6k NOK
-87.9%
Operating result
+27.2k NOK -145.7k NOK
-636.2%
Net result
0 NOK -145.6k NOK
—
Equity
130.6k NOK 86.7k NOK
-33.6%
Cash
492.3k NOK 56.7k NOK
-88.5%
Total assets
599.3k NOK 144.4k NOK
-75.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 544.6k NOK to 65.6k NOK (-87.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +27.2k NOK → -145.7k NOK (op. margin 5.0% → -222.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 145.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 130.6k NOK → 86.7k NOK (equity ratio 21.8% → 60.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 492.3k NOK → 56.7k NOK (-88.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 130.6k NOK → 86.7k NOK — check capital reduction, conversion, or reclassification. Interpretation