ADOKS AS: årsregnskap 2017 vs 2016
Weaker earnings
approved 2018-05-30; registry 2018-06-09; journal 2018 448448
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADOKS AS. Net result -52.5k NOK → -576.3k NOK. Equity -2.77m NOK → -3.35m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADOKS AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -32.4k NOK → -23.8k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result -52.5k NOK → -576.3k NOK. Calculated
-
↓
Equity eroded
Book equity -2.77m NOK → -3.35m NOK (equity ratio -60.2% → -74.3%). Calculated
-
↓
Cash fell
Bank deposits 115.8k NOK → 92.5k NOK (-20.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -74.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 4.49m NOK → 4.41m NOK. Reported fact