FirmaIQ
Org.nr 990 297 258 2016 → 2017 Year-over-year analysis

ADIMA ENERGY AS: årsregnskap 2017 vs 2016

Grew 177% on revenue, stronger earnings

approved 2018-06-28; registry 2018-07-18; journal 2018 710482

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADIMA ENERGY AS. Revenue 3.45m NOK → 9.55m NOK (+176.8%). Net result +28.7k NOK → +76.1k NOK. Equity 2.15m NOK → 2.22m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADIMA ENERGY AS.

At a glance

Scorecard

Revenue
3.45m NOK 9.55m NOK
+176.8%
Operating result
+32.0k NOK +94.9k NOK
+196.6%
Net result
+28.7k NOK +76.1k NOK
+164.8%
Equity
2.15m NOK 2.22m NOK
+3.5%
Cash
2.08m NOK 2.81m NOK
+35.5%
Total assets
2.70m NOK 4.48m NOK
+65.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.45m NOK to 9.55m NOK (+176.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +32.0k NOK → +94.9k NOK (op. margin 0.9% → 1.0%). Calculated

  • ↑

    Net result improved

    Net result +28.7k NOK → +76.1k NOK (net margin 0.8% → 0.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.15m NOK → 2.22m NOK (equity ratio 79.4% → 49.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.08m NOK → 2.81m NOK (+35.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.77m NOK → 8.11m NOK (80% → 85% of revenue). Calculated