ADEKVAT REGNSKAP & RÅDGIVNING AS: årsregnskap 2017 vs 2016
Shrank 37% on revenue, slipped into loss, cash halved-plus
approved 2018-06-19; registry 2018-06-23; journal 2018 533822
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADEKVAT REGNSKAP & RÅDGIVNING AS. Revenue 9 500 NOK → 6 000 NOK (-36.8%). Net result +9 023 NOK → -4 127 NOK. Equity 11.25m NOK → 244.6k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
9 500 NOK
6 000 NOK
-36.8%
Operating result
-43.3k NOK
n/m
—
Net result
+9 023 NOK
-4 127 NOK
-145.7%
Equity
11.25m NOK
244.6k NOK
-97.8%
Cash
827.3k NOK
385.2k NOK
-53.4%
Total assets
1.41m NOK
927.7k NOK
-34.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9 500 NOK to 6 000 NOK (-36.8% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 9 023 NOK profit to a loss of 4 127 NOK. Calculated
-
↓
Equity eroded
Book equity 11.25m NOK → 244.6k NOK (equity ratio 797.2% → 26.4%). Calculated
-
↓
Cash fell
Bank deposits 827.3k NOK → 385.2k NOK (-53.4% YoY). Calculated