Org.nr 996 182 029 2016 → 2017 Year-over-year analysis

ADEO AS: årsregnskap 2017 vs 2016

Shrank 84% on revenue

approved 2018-05-15; registry 2018-06-07; journal 2018 435748

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADEO AS. Revenue 924.7k NOK → 152.3k NOK (-83.5%). Equity 1.26m NOK → 1.39m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADEO AS.

At a glance

Revenue

924.7k NOK 152.3k NOK

-83.5%

Operating result

-40.0k NOK n/m

—

Net result

n/m +730.1k NOK

—

Equity

1.26m NOK 1.39m NOK

+10.3%

Cash

43.5k NOK 204.4k NOK

+369.7%

Total assets

1.59m NOK 1.58m NOK

-0.8%

↑
Equity strengthened

Book equity 1.26m NOK → 1.39m NOK (equity ratio 79.3% → 88.1%). Calculated
↑
Cash rose

Bank deposits 43.5k NOK → 204.4k NOK (+369.7% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 924.7k NOK to 152.3k NOK (-83.5% YoY). Calculated

·
COGS fell

COGS / varekostnad 337.4k NOK → 21.0k NOK (-93.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 605.5k NOK → 6 605 NOK. Reported fact