FirmaIQ
Org.nr 980 817 970 2016 → 2017 Year-over-year analysis

ADDISCO AS: årsregnskap 2017 vs 2016

Grew 11% on revenue, returned to profit

approved 2018-03-14; registry 2018-07-12; journal 2018 681972

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADDISCO AS. Revenue 18.52m NOK → 20.49m NOK (+10.6%). Net result -238.9k NOK → +220.1k NOK. Equity 14.58m NOK → 14.79m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADDISCO AS.

At a glance

Scorecard

Revenue
18.52m NOK 20.49m NOK
+10.6%
Operating result
-371.7k NOK +259.4k NOK
+169.8%
Net result
-238.9k NOK +220.1k NOK
+192.1%
Equity
14.58m NOK 14.79m NOK
+1.4%
Cash
14.89m NOK 15.23m NOK
+2.3%
Total assets
15.48m NOK 16.24m NOK
+4.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.52m NOK to 20.49m NOK (+10.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -371.7k NOK → +259.4k NOK (op. margin -2.0% → 1.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 238.9k NOK to a profit of 220.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 14.58m NOK → 14.79m NOK (equity ratio 94.2% → 91.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.89m NOK → 15.23m NOK (+2.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 14.45m NOK → 15.99m NOK (+10.7% YoY). Calculated