FirmaIQ
Org.nr 981 174 291 2016 → 2017 Year-over-year analysis

ADJUVO EIENDOM AS: årsregnskap 2017 vs 2016

Grew 15525% on revenue, stronger earnings, cash halved-plus

approved 2018-06-18; registry 2018-07-30; journal 2018 818662

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADJUVO EIENDOM AS. Revenue 8 000 NOK → 1.25m NOK (+15525.0%). Net result +74.6k NOK → +360.9k NOK. Equity 1.90m NOK → 1.98m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADJUVO EIENDOM AS.

At a glance

Scorecard

Revenue
8 000 NOK 1.25m NOK
+15525.0%
Operating result
+85.0k NOK +473.3k NOK
+456.6%
Net result
+74.6k NOK +360.9k NOK
+383.7%
Equity
1.90m NOK 1.98m NOK
+4.4%
Cash
435.0k NOK 26.3k NOK
-93.9%
Total assets
5.19m NOK 10.70m NOK
+106.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8 000 NOK to 1.25m NOK (+15525.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +85.0k NOK → +473.3k NOK (op. margin 1062.9% → 37.9%). Calculated

  • ↑

    Net result improved

    Net result +74.6k NOK → +360.9k NOK (net margin 932.5% → 28.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.90m NOK → 1.98m NOK (equity ratio 36.6% → 18.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.89× → 3.31×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 435.0k NOK → 26.3k NOK (-93.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.27m NOK → 1.50m NOK. Reported fact