ADEPT AS: årsregnskap 2017 vs 2016
Grew 110% on revenue, weaker earnings
approved 2018-06-20; registry 2018-06-28; journal 2018 588174
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADEPT AS. Revenue 370.5k NOK → 778.4k NOK (+110.1%). Net result +192.7k NOK → +10.3k NOK. Equity 278.0k NOK → 288.4k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADEPT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 370.5k NOK to 778.4k NOK (+110.1% YoY). Calculated
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↑
Equity strengthened
Book equity 278.0k NOK → 288.4k NOK (equity ratio 68.2% → 66.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -1 040 NOK → -197.2k NOK (op. margin -0.3% → -25.3%). Calculated
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↓
Net result weakened
Net result +192.7k NOK → +10.3k NOK (net margin 52.0% → 1.3%). Calculated
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↓
Cash fell
Bank deposits 69.3k NOK → 60.4k NOK (-12.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 253 NOK → 784.1k NOK (1% → 101% of revenue). Calculated