ADMIRALEN AS: årsregnskap 2017 vs 2016
Shrank 32% on revenue
approved 2018-05-26; registry 2018-07-07; journal 2018 634059
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADMIRALEN AS. Revenue 15.18m NOK → 10.39m NOK (-31.6%). Equity 30.0k NOK → 5.73m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRALEN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 30.0k NOK → 5.73m NOK (equity ratio 0.1% → 55.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 15.18m NOK to 10.39m NOK (-31.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +479.3k NOK → -94.5k NOK (op. margin 3.2% → -0.9%). Calculated
-
↓
Cash fell
Bank deposits 235.0k NOK → 120.9k NOK (-48.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 10.13m NOK. Reported fact