FirmaIQ
Org.nr 911 612 364 2016 → 2017 Year-over-year analysis

ADMA AS: årsregnskap 2017 vs 2016

Grew 471% on revenue, stronger earnings, cash halved-plus

approved 2018-06-12; registry 2018-06-18; journal 2018 495046

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADMA AS. Revenue 585.2k NOK → 3.34m NOK (+470.8%). Net result +2 016 NOK → +12.2k NOK. Equity 414.5k NOK → 426.7k NOK.

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

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ADMA AS.

At a glance

Scorecard

Revenue
585.2k NOK 3.34m NOK
+470.8%
Operating result
n/m +16.4k NOK
—
Net result
+2 016 NOK +12.2k NOK
+505.9%
Equity
414.5k NOK 426.7k NOK
+2.9%
Cash
2.11m NOK 244.3k NOK
-88.4%
Total assets
737.3k NOK 88.1k NOK
-88.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 585.2k NOK to 3.34m NOK (+470.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +2 016 NOK → +12.2k NOK (net margin 0.3% → 0.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 414.5k NOK → 426.7k NOK (equity ratio 56.2% → 484.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.11m NOK → 244.3k NOK (-88.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.11m NOK → 244.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 148.1k NOK → 1.08m NOK (+630.7% YoY). Calculated