FirmaIQ
Org.nr 976 145 178 2016 → 2017 Year-over-year analysis

ADDSECURE AS: årsregnskap 2017 vs 2016

Grew 10% on revenue

approved 2018-06-19; registry 2018-08-16; journal 2018 913191

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADDSECURE AS. Revenue 125.4k NOK → 137.8k NOK (+9.9%). Equity 109.8k NOK → 138.4k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.

At a glance

Scorecard

Revenue
125.4k NOK 137.8k NOK
+9.9%
Equity
109.8k NOK 138.4k NOK
+26.1%
Cash
95.49m NOK 98.48m NOK
+3.1%
Total assets
226.8k NOK 252.9k NOK
+11.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 125.4k NOK to 137.8k NOK (+9.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 109.8k NOK → 138.4k NOK (equity ratio 48.4% → 54.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 95.49m NOK → 98.48m NOK (+3.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 32.82m NOK → 33.31m NOK (26174% → 24174% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 36.64m NOK → 38.20m NOK (+4.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 44.83m NOK → 42.73m NOK. Reported fact