ADMINOR AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-02-13; registry 2018-02-15; journal 2018 208422
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADMINOR AS. Revenue 4.26m NOK → 4.05m NOK (-4.8%). Equity 31.2k NOK → 1.31m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
4.26m NOK
4.05m NOK
-4.8%
Net result
+342.9k NOK
n/m
—
Equity
31.2k NOK
1.31m NOK
+4089.8%
Cash
1.16m NOK
1.91m NOK
+65.0%
Total assets
1.60m NOK
2.26m NOK
+41.5%
What improved
-
↑
Equity strengthened
Book equity 31.2k NOK → 1.31m NOK (equity ratio 2.0% → 57.9%). Calculated
-
↑
Cash rose
Bank deposits 1.16m NOK → 1.91m NOK (+65.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 3.07m NOK → 2.58m NOK (72% → 64% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.26m NOK to 4.05m NOK (-4.8% YoY). Calculated