Org.nr 916 150 261 2016 → 2017 Year-over-year analysis

ADMIR TRANSPORT AS: årsregnskap 2017 vs 2016

Grew 3791% on revenue, cash halved-plus

approved 2018-05-27; registry 2018-06-12; journal 2018 464630

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADMIR TRANSPORT AS. Revenue 128.2k NOK → 4.99m NOK (+3791.0%). Equity 13.35m NOK → 13.47m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADMIR TRANSPORT AS.

Scorecard

Revenue
128.2k NOK 4.99m NOK
+3791.0%
Equity
13.35m NOK 13.47m NOK
+1.0%
Cash
247.5k NOK 526 NOK
-99.8%
Total assets
634.4k NOK 2.06m NOK
+224.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 128.2k NOK to 4.99m NOK (+3791.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 13.35m NOK → 13.47m NOK (equity ratio 2103.8% → 654.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.42× → 1.66×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 247.5k NOK → 526 NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3 735 NOK → 27.2k NOK (+628.0% YoY). Calculated