FirmaIQ
Org.nr 897 122 332 2016 → 2017 Year-over-year analysis

ADFORM NORWAY AS: årsregnskap 2017 vs 2016

Grew 988% on revenue

approved 2018-06-05; registry 2018-06-23; journal 2018 527140

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADFORM NORWAY AS. Revenue 981.7k NOK → 10.68m NOK (+987.8%). Net result +348.9k NOK → +305.7k NOK. Equity 938.8k NOK → 435.7k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
981.7k NOK 10.68m NOK
+987.8%
Operating result
+602.7k NOK +483.2k NOK
-19.8%
Net result
+348.9k NOK +305.7k NOK
-12.4%
Equity
938.8k NOK 435.7k NOK
-53.6%
Cash
641.8k NOK 670.9k NOK
+4.5%
Total assets
2.77m NOK 1.97m NOK
-28.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 981.7k NOK to 10.68m NOK (+987.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 641.8k NOK → 670.9k NOK (+4.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +602.7k NOK → +483.2k NOK (op. margin 61.4% → 4.5%). Calculated

  • ↓

    Net result weakened

    Net result +348.9k NOK → +305.7k NOK (net margin 35.5% → 2.9%). Calculated

  • ↓

    Equity eroded

    Book equity 938.8k NOK → 435.7k NOK (equity ratio 33.9% → 22.2%). Calculated