Org.nr 977 270 375 2016 → 2017 Year-over-year analysis

ADFLASH AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-06-27; registry 2018-07-03; journal 2018 606686

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADFLASH AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +800 NOK → +43.5k NOK. Equity 3.26m NOK → 3.30m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADFLASH AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-338.1k NOK -826.2k NOK
-144.4%
Net result
+800 NOK +43.5k NOK
+5336.1%
Equity
3.26m NOK 3.30m NOK
+1.3%
Cash
40.8k NOK 45.8k NOK
+12.3%
Total assets
8.72m NOK 6.51m NOK
-25.3%

What improved

  • ↑

    Net result improved

    Net result +800 NOK → +43.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.26m NOK → 3.30m NOK (equity ratio 37.4% → 50.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 40.8k NOK → 45.8k NOK (+12.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -338.1k NOK → -826.2k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 265 NOK → 3.68m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value -1 383 NOK → 3 000 NOK. Reported fact