ADITECH AS: årsregnskap 2017 vs 2016
Shrank 18% on revenue
approved 2018-06-30; registry 2018-07-30; journal 2018 829058
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADITECH AS. Revenue 312.8k NOK → 257.1k NOK (-17.8%). Equity 167.3k NOK → 155.8k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADITECH AS.
At a glance
Scorecard
Revenue
312.8k NOK
257.1k NOK
-17.8%
Equity
167.3k NOK
155.8k NOK
-6.9%
Cash
357.0k NOK
196.2k NOK
-45.0%
Total assets
388.8k NOK
320.0k NOK
-17.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 312.8k NOK to 257.1k NOK (-17.8% YoY). Calculated
-
↓
Equity eroded
Book equity 167.3k NOK → 155.8k NOK (equity ratio 43.0% → 48.7%). Calculated
-
↓
Cash fell
Bank deposits 357.0k NOK → 196.2k NOK (-45.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 118.1k NOK → 147.9k NOK (38% → 58% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 69.2k NOK → 61.2k NOK (-11.5% YoY). Calculated