Org.nr 998 772 923 2016 → 2017 Year-over-year analysis

ADETA AS: årsregnskap 2017 vs 2016

Shrank 9% on revenue

approved 2018-04-25; registry 2018-05-09; journal 2018 309526

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADETA AS. Revenue 5.50m NOK → 4.99m NOK (-9.2%). Equity 526.9k NOK → 695.1k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADETA AS.

At a glance

Revenue

5.50m NOK 4.99m NOK

-9.2%

Equity

526.9k NOK 695.1k NOK

+31.9%

Cash

181.7k NOK 920.4k NOK

+406.6%

Total assets

2.02m NOK 1.89m NOK

-6.4%

↑
Equity strengthened

Book equity 526.9k NOK → 695.1k NOK (equity ratio 26.1% → 36.9%). Calculated
↑
Cash rose

Bank deposits 181.7k NOK → 920.4k NOK (+406.6% YoY). Calculated
↑
Payroll decreased

Salary cost 1.66m NOK → 837.6k NOK (30% → 17% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.50m NOK to 4.99m NOK (-9.2% YoY). Calculated