FirmaIQ
Org.nr 913 155 572 2016 → 2017 Year-over-year analysis

ADO ARENA DRIFT AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-06-18; registry 2018-07-07; journal 2018 636945

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADO ARENA DRIFT AS. Revenue 25.35m NOK → 25.26m NOK (-0.3%). Net result +198.4k NOK → +973.2k NOK. Equity 1.61m NOK → 2.58m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
25.35m NOK 25.26m NOK
-0.3%
Operating result
+14.2k NOK +976.4k NOK
+6768.5%
Net result
+198.4k NOK +973.2k NOK
+390.5%
Equity
1.61m NOK 2.58m NOK
+60.6%
Cash
11.70m NOK 10.58m NOK
-9.6%
Total assets
13.11m NOK 12.46m NOK
-4.9%

What improved

  • ↑

    Operating result improved

    Operating result +14.2k NOK → +976.4k NOK (op. margin 0.1% → 3.9%). Calculated

  • ↑

    Net result improved

    Net result +198.4k NOK → +973.2k NOK (net margin 0.8% → 3.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.61m NOK → 2.58m NOK (equity ratio 12.2% → 20.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 25.35m NOK to 25.26m NOK (-0.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 11.70m NOK → 10.58m NOK (-9.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 16.17m NOK → 17.60m NOK (64% → 70% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.86m NOK → 1 861 NOK (-99.9% YoY). Calculated