Org.nr 917 461 767 2016 → 2017 Year-over-year analysis

ADJE RENHOLD AS: årsregnskap 2017 vs 2016

Grew 310% on revenue, returned to profit

approved 2018-04-21; registry 2018-05-08; journal 2018 305910

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADJE RENHOLD AS. Revenue 132.1k NOK → 541.4k NOK (+309.7%). Net result -34.6k NOK → +66.0k NOK.

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

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

Scorecard

Revenue
132.1k NOK 541.4k NOK
+309.7%
Operating result
-34.5k NOK +76.0k NOK
+320.0%
Net result
-34.6k NOK +66.0k NOK
+291.0%
Cash
25.5k NOK 164.8k NOK
+546.1%
Total assets
38.2k NOK 213.9k NOK
+459.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 132.1k NOK to 541.4k NOK (+309.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -34.5k NOK → +76.0k NOK (op. margin -26.1% → 14.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 34.6k NOK to a profit of 66.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 25.5k NOK → 164.8k NOK (+546.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.89× → 1.40×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 113 NOK → 3.37m NOK (2% → 622% of revenue). Calculated