FirmaIQ
Org.nr 989 126 431 2016 → 2017 Year-over-year analysis

ADELCRANZ AS: årsregnskap 2017 vs 2016

Shrank 14% on revenue, cash halved-plus

approved 2018-05-15; registry 2018-07-10; journal 2018 661966

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADELCRANZ AS. Revenue 1.60m NOK → 1.38m NOK (-13.7%). Equity 16.89m NOK → 17.38m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADELCRANZ AS.

At a glance

Scorecard

Revenue
1.60m NOK 1.38m NOK
-13.7%
Net result
n/m +8 NOK
—
Equity
16.89m NOK 17.38m NOK
+2.9%
Cash
3.80m NOK 710.8k NOK
-81.3%
Total assets
20.36m NOK 21.13m NOK
+3.8%

What improved

  • ↑

    Equity strengthened

    Book equity 16.89m NOK → 17.38m NOK (equity ratio 83.0% → 82.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.60m NOK to 1.38m NOK (-13.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 3.80m NOK → 710.8k NOK (-81.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.80m NOK → 710.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation