Org.nr 914 735 580 2016 → 2017 Year-over-year analysis

ADEC ØKONOMI AS: årsregnskap 2017 vs 2016

Grew 353% on revenue

approved 2018-07-27; registry 2018-08-02; journal 2018 843975

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADEC ØKONOMI AS. Revenue 238 NOK → 1 079 NOK (+353.4%). Equity 38 NOK → 7 187 NOK.

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

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

At a glance

Revenue

238 NOK 1 079 NOK

+353.4%

Net result

-56.3k NOK n/m

—

Equity

38 NOK 7 187 NOK

+18813.2%

Cash

38 NOK 21.7k NOK

+57107.9%

Total assets

38 NOK 227.7k NOK

+599002.6%

↑
Revenue rose

Operating income / revenue moved from 238 NOK to 1 079 NOK (+353.4% YoY). Calculated
↑
Equity strengthened

Book equity 38 NOK → 7 187 NOK (equity ratio 100.0% → 3.2%). Calculated
↑
Cash rose

Bank deposits 38 NOK → 21.7k NOK (+57107.9% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.00× → 1.03×. Calculated
↑
Payroll decreased

Salary cost 26.3k NOK → 10 NOK (11061% → 1% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 3.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation