Org.nr 989 033 344 2016 → 2017 Year-over-year analysis

ADINIB AS: årsregnskap 2017 vs 2016

Grew 108% on revenue, cash halved-plus

approved 2018-07-24; registry 2018-08-06; journal 2018 902899

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADINIB AS. Revenue 303.6k NOK → 632.3k NOK (+108.2%). Equity 1.75m NOK → 1.69m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
303.6k NOK 632.3k NOK
+108.2%
Operating result
-65.8k NOK -65.7k NOK
+0.1%
Net result
-65.7k NOK n/m
—
Equity
1.75m NOK 1.69m NOK
-3.8%
Cash
31.8k NOK 6 397 NOK
-79.9%
Total assets
3.42m NOK 3.36m NOK
-1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 303.6k NOK to 632.3k NOK (+108.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -65.8k NOK → -65.7k NOK (op. margin -21.7% → -10.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.75m NOK → 1.69m NOK (equity ratio 51.1% → 50.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 31.8k NOK → 6 397 NOK (-79.9% YoY). Calculated