Org.nr 980 293 696 2016 → 2017 Year-over-year analysis

ADIUVO AS: årsregnskap 2017 vs 2016

Shrank 9% on revenue

approved 2018-06-29; registry 2018-07-24; journal 2018 771469

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADIUVO AS. Revenue 725.3k NOK → 656.9k NOK (-9.4%). Equity 999.6k NOK → 6 876 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADIUVO AS.

At a glance

Revenue

725.3k NOK 656.9k NOK

-9.4%

Operating result

-763.8k NOK +551 NOK

+100.1%

Net result

-759.0k NOK n/m

—

Equity

999.6k NOK 6 876 NOK

-99.3%

Cash

1.27m NOK 825.6k NOK

-35.0%

Total assets

1.87m NOK 1.91m NOK

+2.2%

↑
Operating result improved

Operating result -763.8k NOK → +551 NOK (op. margin -105.3% → 0.1%). Calculated

↓
Revenue fell

Operating income / revenue moved from 725.3k NOK to 656.9k NOK (-9.4% YoY). Calculated
↓
Equity eroded

Book equity 999.6k NOK → 6 876 NOK (equity ratio 53.6% → 0.4%). Calculated
↓
Cash fell

Bank deposits 1.27m NOK → 825.6k NOK (-35.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation