Org.nr 996 233 324 2016 → 2017 Year-over-year analysis

ADLOCK NORGE AS: årsregnskap 2017 vs 2016

Grew 56% on revenue

approved 2018-06-29; registry 2018-07-05; journal 2018 638663

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADLOCK NORGE AS. Revenue 470.9k NOK → 735.5k NOK (+56.2%). Equity -55.2k NOK → 124.8k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADLOCK NORGE AS.

Scorecard

Revenue
470.9k NOK 735.5k NOK
+56.2%
Equity
-55.2k NOK 124.8k NOK
+326.1%
Cash
49.6k NOK 581.4k NOK
+1073.0%
Total assets
365.7k NOK 787.4k NOK
+115.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 470.9k NOK to 735.5k NOK (+56.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -55.2k NOK → 124.8k NOK (equity ratio -15.1% → 15.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 49.6k NOK → 581.4k NOK (+1073.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 1.21×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 94.8k NOK → 4.32m NOK (20% → 587% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 227.8k NOK → 686.6k NOK (+201.4% YoY). Calculated