Org.nr 999 617 670 2016 → 2017 Year-over-year analysis

ADEKO AS: årsregnskap 2017 vs 2016

Shrank 18% on revenue

approved 2018-06-30; registry 2018-08-09; journal 2018 888780

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADEKO AS. Revenue 11.14m NOK → 9.13m NOK (-18.1%). Equity 1 187 NOK → 2.43m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

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

At a glance

Revenue

11.14m NOK 9.13m NOK

-18.1%

Operating result

n/m +1.44m NOK

—

Net result

n/m +1.32m NOK

—

Equity

1 187 NOK 2.43m NOK

+204268.7%

Cash

186.6k NOK 146.7k NOK

-21.4%

Total assets

2.30m NOK 2.76m NOK

+20.2%

↑
Equity strengthened

Book equity 1 187 NOK → 2.43m NOK (equity ratio 0.1% → 87.9%). Calculated

↓
Revenue fell

Operating income / revenue moved from 11.14m NOK to 9.13m NOK (-18.1% YoY). Calculated
↓
Cash fell

Bank deposits 186.6k NOK → 146.7k NOK (-21.4% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1 NOK → 26.9k NOK (0% → 0% of revenue). Calculated