FirmaIQ
Org.nr 893 020 462 2016 → 2017 Year-over-year analysis

ADMIRAL OFFSHORE AS: årsregnskap 2017 vs 2016

Grew 73375% on revenue, stronger earnings

approved 2018-05-15; registry 2018-06-11; journal 2018 455551

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADMIRAL OFFSHORE AS. Revenue 3 053 NOK → 2.24m NOK (+73374.9%). Net result +22.8k NOK → +704.0k NOK. Equity 1.33m NOK → 2.04m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
3 053 NOK 2.24m NOK
+73374.9%
Operating result
+33.7k NOK +877.5k NOK
+2504.5%
Net result
+22.8k NOK +704.0k NOK
+2987.2%
Equity
1.33m NOK 2.04m NOK
+52.8%
Cash
564.5k NOK 782.7k NOK
+38.7%
Total assets
1.37m NOK 2.14m NOK
+55.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3 053 NOK to 2.24m NOK (+73374.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +33.7k NOK → +877.5k NOK (op. margin 1103.6% → 39.1%). Calculated

  • ↑

    Net result improved

    Net result +22.8k NOK → +704.0k NOK (net margin 747.0% → 31.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.33m NOK → 2.04m NOK (equity ratio 97.1% → 95.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 564.5k NOK → 782.7k NOK (+38.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 116.8k NOK → 61.5k NOK. Reported fact