Org.nr 991 478 000 2016 → 2017 Year-over-year analysis

ADFUNC AS: årsregnskap 2017 vs 2016

Returned to profit

approved 2018-06-19; registry 2018-06-21; journal 2018 532082

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADFUNC AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -284.5k NOK → +417.9k NOK. Equity 1.02m NOK → 1.06m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

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

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-151.8k NOK +186.0k NOK

+222.6%

Net result

-284.5k NOK +417.9k NOK

+246.9%

Equity

1.02m NOK 1.06m NOK

+4.1%

Cash

426.5k NOK 853.9k NOK

+100.2%

Total assets

2.25m NOK 1.07m NOK

-52.4%

↑
Operating result improved

Operating result -151.8k NOK → +186.0k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 284.5k NOK to a profit of 417.9k NOK. Calculated
↑
Equity strengthened

Book equity 1.02m NOK → 1.06m NOK (equity ratio 45.2% → 99.0%). Calculated
↑
Cash rose

Bank deposits 426.5k NOK → 853.9k NOK (+100.2% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.53× → 87.86×. Calculated

·
Book investments changed

Investment / intangible book value 6.50m NOK → 12 NOK. Reported fact