ADHAMA HOLDING AS: årsregnskap 2017 vs 2016
Shrank 73% on revenue, stronger earnings, cash halved-plus
approved 2018-06-09; registry 2018-06-19; journal 2018 500010
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADHAMA HOLDING AS. Revenue 444.0k NOK → 120.0k NOK (-73.0%). Net result +174.1k NOK → +2.12m NOK. Equity 4.40m NOK → 6.51m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADHAMA HOLDING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +174.1k NOK → +2.12m NOK (net margin 39.2% → 1762.5%). Calculated
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↑
Equity strengthened
Book equity 4.40m NOK → 6.51m NOK (equity ratio 57.2% → 88.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 444.0k NOK to 120.0k NOK (-73.0% YoY). Calculated
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↓
Operating result weakened
Operating result +258.6k NOK → -51.0k NOK (op. margin 58.2% → -42.5%). Calculated
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↓
Cash fell
Bank deposits 965.3k NOK → 1 455 NOK (-99.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7.37m NOK → 4.54m NOK. Reported fact