ADI INVEST AS: årsregnskap 2017 vs 2016
Grew 477% on revenue, weaker earnings
approved 2018-05-29; registry 2018-06-09; journal 2018 441158
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADI INVEST AS. Revenue 56.6k NOK → 327.1k NOK (+477.4%). Net result +28.7k NOK → +2 500 NOK. Equity 78.7k NOK → 52.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADI INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 56.6k NOK to 327.1k NOK (+477.4% YoY). Calculated
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↑
Cash rose
Bank deposits 11.8k NOK → 27.9k NOK (+136.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +38.4k NOK → -25.9k NOK (op. margin 67.8% → -7.9%). Calculated
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↓
Net result weakened
Net result +28.7k NOK → +2 500 NOK (net margin 50.7% → 0.8%). Calculated
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↓
Equity eroded
Book equity 78.7k NOK → 52.8k NOK (equity ratio 70.5% → 26.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.40× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 969 NOK → 6 308 NOK (2% → 2% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 2 016 NOK → 60.0k NOK. Reported fact