ADO REVISJON AS: årsregnskap 2017 vs 2016
Grew 12% on revenue, cash halved-plus
approved 2018-05-23; registry 2018-07-03; journal 2018 605842
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADO REVISJON AS. Revenue 2.26m NOK → 2.54m NOK (+12.3%). Equity 737.8k NOK → 581.9k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADO REVISJON AS.
At a glance
Scorecard
Revenue
2.26m NOK
2.54m NOK
+12.3%
Equity
737.8k NOK
581.9k NOK
-21.1%
Cash
989.4k NOK
482.0k NOK
-51.3%
Total assets
773.6k NOK
1.93m NOK
+149.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.26m NOK to 2.54m NOK (+12.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 737.8k NOK → 581.9k NOK (equity ratio 95.4% → 30.1%). Calculated
-
↓
Cash fell
Bank deposits 989.4k NOK → 482.0k NOK (-51.3% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 754.8k NOK → 896.9k NOK (33% → 35% of revenue). Calculated