ADENAU AS: årsregnskap 2017 vs 2016
Shrank 21% on revenue, cash halved-plus
approved 2018-07-31; registry 2018-08-06; journal 2018 884566
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADENAU AS. Revenue 221.8k NOK → 174.5k NOK (-21.3%). Equity 84.6k NOK → 19.7k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
221.8k NOK
174.5k NOK
-21.3%
Equity
84.6k NOK
19.7k NOK
-76.7%
Cash
637.5k NOK
5 584 NOK
-99.1%
Total assets
1.63m NOK
24.4k NOK
-98.5%
What improved
-
↑
Payroll decreased
Salary cost 2.13m NOK → 134.2k NOK (962% → 77% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 221.8k NOK to 174.5k NOK (-21.3% YoY). Calculated
-
↓
Equity eroded
Book equity 84.6k NOK → 19.7k NOK (equity ratio 5.2% → 80.7%). Calculated
-
↓
Cash fell
Bank deposits 637.5k NOK → 5 584 NOK (-99.1% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 932.9k NOK → 1.21m NOK (+29.5% YoY). Calculated