Org.nr 987 794 666 2016 → 2017 Year-over-year analysis

ADECCO GROUP NORWAY AS: årsregnskap 2017 vs 2016

A steady year on the published lines

approved 2018-05-28; registry 2018-07-31; journal 2018 820330

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADECCO GROUP NORWAY AS. Revenue 327.19m NOK → 342.88m NOK (+4.8%). Net result +9.38m NOK → +9.70m NOK. Equity 43.38m NOK → 41.51m NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADECCO GROUP NORWAY AS.

Scorecard

Revenue
327.19m NOK 342.88m NOK
+4.8%
Net result
+9.38m NOK +9.70m NOK
+3.4%
Equity
43.38m NOK 41.51m NOK
-4.3%
Cash
102.99m NOK 72.06m NOK
-30.0%
Total assets
145.3k NOK 132.39m NOK
+91016.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 327.19m NOK to 342.88m NOK (+4.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.46×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 43.38m NOK → 41.51m NOK (equity ratio 29855.5% → 31.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 102.99m NOK → 72.06m NOK (-30.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.28m NOK → 7.29bn NOK (2% → 2125% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 245.0k NOK → 344.5k NOK. Reported fact