FirmaIQ
Org.nr 980 084 361 2016 → 2017 Year-over-year analysis

ADNOVA AS: årsregnskap 2017 vs 2016

Grew 7% on revenue, weaker earnings

approved 2018-06-12; registry 2018-08-01; journal 2018 840447

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADNOVA AS. Revenue 1.44m NOK → 1.53m NOK (+6.8%). Net result +73.1k NOK → +15.1k NOK. Equity 122.2k NOK → 127.7k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADNOVA AS.

At a glance

Scorecard

Revenue
1.44m NOK 1.53m NOK
+6.8%
Operating result
+95.5k NOK +17.8k NOK
-81.4%
Net result
+73.1k NOK +15.1k NOK
-79.3%
Equity
122.2k NOK 127.7k NOK
+4.5%
Cash
472.4k NOK 413.5k NOK
-12.5%
Total assets
472.4k NOK 476.0k NOK
+0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.44m NOK to 1.53m NOK (+6.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 122.2k NOK → 127.7k NOK (equity ratio 25.9% → 26.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +95.5k NOK → +17.8k NOK (op. margin 6.6% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +73.1k NOK → +15.1k NOK (net margin 5.1% → 1.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 472.4k NOK → 413.5k NOK (-12.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 69.0k NOK → 58.1k NOK (-15.8% YoY). Calculated