ADG AS: årsregnskap 2017 vs 2016
Stronger earnings, cash halved-plus
approved 2018-05-02; registry 2018-05-28; journal 2018 359838
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADG AS. Net result +1.23m NOK → +1.71m NOK. Equity 10.97m NOK → 11.71m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ADG AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +1.23m NOK → +1.71m NOK. Calculated
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↑
Equity strengthened
Book equity 10.97m NOK → 11.71m NOK (equity ratio 75.9% → 98.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -22.6k NOK → -38.3k NOK. Calculated
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↓
Cash fell
Bank deposits 4.04m NOK → 1.03m NOK (-74.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.04m NOK → 1.03m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 1.00m NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation